From student loan repayment to paid parental leave — so far this year companies in a variety of industries have taken ample opportunity to expand their benefits. Employers are expanding benefits packages as a strategy to remain competitive in an extremely tight labor market.
Industry giants Amazon, Berkshire Hathaway and JPMorgan Chase in March finally announced the name of their joint healthcare venture Haven — and a new mission: to simplify health benefits for their employees. A host of companies including Bloomberg, Diageo, Hewlett Packard Enterprise and J.M. Smucker Company boosted their parental leave benefits offerings.
