Should Companies Paid Time Off

I think almost all organization should consider paid leave; employee wellness program, and life insurance. Offering paid time off makes the company more alluring, for many workers in today’s world, flexibility is an exceptional advantage. Majority of employees view paid time off as way to improve and increase their work-life balance. Offering paid time off can provide a sense of empowerment to employees. For example, an employee doesn’t have to give a detailed reason to their employers as to why they need time off; employees are given control to elect how they will balance leave, sick days, and personal time.
Employers may offer life insurance to employees or provide the opportunity to buy coverage at lower group rates. With a term life insurance policy, if the employee passes away during the term of the policy, the employee’s heirs or beneficiaries collect a payment called the death benefit. In policies acquired as an employee benefit, the typical death benefit is twice the employee’s annual compensation. The policies may offer supplementary benefits for accidental death. Along with a basic policy, the employer may give employees the choice of buying added coverage, commonly at a nominal cost. Employee wellness program is fixed of infrastructures, actions, and amenities intended to …show more content…
Employers should also consider that the worth workers put on numerous benefits is likely to vary from one employee to another. At a wide-ranging level, issues such as age and sex can impact the type of benefits employees’ desire. For instance, older employees are more likely to be apprehensive about medical coverage and life insurance. However a company whereas women make up a large percentage of the workforce may care more about disability or family leave. A successful establishment should always keep their staff on mind when designing benefit and recognize their specific needs and