50 companies that made big benefits changes

Published January 2, 2019 12:22 PM EST Updated May 21, 2019 12:57 PM EDT 1 Min Read

Go ahead and call 2018 the year of the benefits boom.

Employers in droves made changes large and small to their benefits packages in the past year as a number of factors raised the stakes. President Trump’s tax overhaul — which slashed the corporate tax rate to 21% from 35% in late 2017 — prompted a number of companies to invest savings into employee benefits packages. And a hot job market — the unemployment rate currently hovers just below 4%, a 48-year low — spurred companies to think creatively about how to best recruit and retain workers.

The gaming entertainment company added a smart crib to their benefits package earlier this year to help tired parents get some more rest.

New parents receive Happiest Baby’s SNOO Smart Sleeper — a responsive bassinet that lulls fussy babies back to sleep with motion and sound while also swaddling them for safe sleeping — in anticipation of their newborn’s arrival. The $1,500 bassinet is on loan to new parents for six months — the time it takes for a newborn to outgrow the bassinet and transition to a crib — and arrives either brand new or refurbished, with everything but the motor and bedframe stripped away and replaced.

Kathryn Mayer

Former Editor-in-Chief

Kathryn Mayer is a former editor-in-chief of Employee Benefit News.

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