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In the dynamic realm of human resources management, nurturing employees’ well-being and satisfaction is key to attracting and retaining the best workforce. As organizations endeavor to influence employee happiness by maximizing the impact of their benefits packages, a critical imperative arises: delving deeper into understanding the sentiments and requirements of their workforce. Traditionally, many HR […]
Benefits often make a real difference in attraction and retention. Here’s how you compare on perks from health insurance to stock options to paid vacation. Highlights of our 2014 Perks Survey of over 2,000 employers: The number one perk is paid holidays. Also in the top five: life insurance, LTD, STD, and paid vacation. For […]
86.6% of the employers responding to our 2014 survey offer either a 401(k) or 403(b) retirement savings plan to employees. 60.3% of the employers responding to our survey that offer a 401(k) or 403(b) plan to their employees also provide a matching contribution. 41.4% of employers match employee contributions dollar-for-dollar. 31.3% go 50 cents on […]
Beyond health insurance and retirement benefits (covered in previous surveys), the number one perk provided by the employers responding to our survey was paid holidays, with 91% percent of them offering it. Other highlights: Flextime is offered by 53% of respondents. About 33% relax their dress code in the summer, at least for some […]