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WASHINGTON — Paid family leave has been a hot topic. From Capitol Hill to company board rooms, employees have increasingly been calling on employers to offer more time to bond with newborns.
That’s why Halliburton decided to improve their family-friendly benefits by boosting paid leave following the birth or adoption of a child.
Nick Otto is a former senior editor of Employee Benefit News and Employee Benefit Adviser.
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Baystate Health president and CEO Peter Banko discusses employee pain points, rethinking compensation and removing barriers to care.
The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
Flexible benefits and a caring culture that recognize the double squeeze of child care and eldercare responsibilities on a culture will help retain sandwich-generation talent.
Increasing leave in the U.S. and Canada aligns with the company’s focus on retention and internal promotion, said the head of people and culture for Lush North America.
Employers should educate staff on the nuances of every coverage option, advises Benefitbay CEO, ranging from coinsurance to coverage tiers, networks, “incumbent bias,” and more.
