The 16 most popular employee perks

Published Updated 2 Min Read

Holistic employee benefits that take care of an individual’s diverse set of needs have become critical during COVID-19.

Employees are turning to their employers for support with challenges involving mental health, financial strain and childcare issues. Indeed, 58% of employers are offering their employees wellness benefits, according to data from the Society for Human Resource Management. Eighty-three percent of employers offer mental health coverage and 79% of employers offer an EAP.

Historically, the flexible spending account has been a “use it or lose it” account, but a new law is allowing employees to hold on to their money for an additional year. The Consolidated Appropriations Act was passed by Congress and signed by President Trump in December. The legislation was designed to provide Americans with financial relief from the pandemic.

Read More: FSA rules have changed — here’s how to explain them to clients

Amanda Schiavo
Associate Editor

Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.


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