How old-fashioned is your parental leave policy?

Let’s start with what you call it. “Maternity” coverage is a last-century term. The preferred term is either “parental leave” or “family leave.” And while 86 percent of employees in the U.S. don’t have access to paid parental leave, companies are starting to understand that generous parental and family leave policies can boost reputation, attract new employees and increase both employee productivity and retention.

Young workers, in particular, place a lot of value on both paid parental leave and workplace flexibility around parenting issues. And not just the female portion of your workforce. Since 78 percent of millennials are part of a two-career couple, policies that honor both partners’ professional and parental needs are vital.

Implementing leave policies that don’t recognize the needs of modern workers can get in the way of your company’s recruitment goals.

Seventy percent of American workers aren’t engaged with their jobs. Trendy benefits won’t solve a deeper problem with morale. Here’s what will.

Three out of four Americans support raising the federal minimum wage. Higher wages are known to improve customer service, increase productivity and reduce employee turnover.

Only 20 percent of millennials are satisfied with their financial health. That’s significantly lower than the overall population. Here’s why.

Is your financial wellness program too focused on retirement? Short term financial goals are a top concern, especially among young employees.

Do you need a break? A generous vacation policy can have a positive impact on your workplace. See the report.

Communication is key. In fact, managers with poor communication skills are the number one reason employees leave. Listen better.

Understanding your workforce demographic is vital to recruiting and retaining great talent. Craft a benefits package that appeals to your multigenerational employees.

Eighty percent of older women can’t pass this retirement quiz. That’s especially troubling since women tend to live longer and accumulate higher healthcare costs.

A good company culture can mean the difference between employees sticking around and moving on to greener pastures. So be careful: not every trendy benefit is a good cultural fit.

Have something to add? Email info@bestmoneymoves.com.

Are the employee benefits you offer helping workers beat the summertime blues?

Benefits that promote a positive work-life balance are proven to boost mood, engagement, productivity and employee retention.

Employees value employers who help them create space in their lives for family, fun and relaxation. Excluding salary, a good work-life balance is the top consideration for millennial job-seekers, according to Deloitte’s 2016 millennial survey.

Not all perks make sense for all workplaces. Listen to your employees and learn which employee benefits would make their lives easier this summer.  While some companies offer summer-specific rewards, others benefit from extra work-from-home flexibility or childcare assistance for stressed parents.

Build your employee benefits package around your employees’ well-being.

Twenty-five percent of millennials would love to quit their jobs. One hiring manager knew the typical office perks weren’t working. Here’s what she did.

More Americans are living paycheck to paycheck than ever before. Luckily, there are strategies companies can use to help relieve employee financial stress.

Identity theft and fraud are becoming more common – and more stressful. Your employees would certainly appreciate your understanding if they’re facing these issues, but they can also use your help. Provide the right resources.

It’s time to listen to your team. Conversations with employees take time, but hiring new people takes even more. Ask these three questions.

Not all press is good press. According to a new CareerBuilder survey, 71 percent of workers would not apply to a business with bad publicity. Boost  your image.

Part-time workers lack employee benefits and it’s making them vulnerable. Providing access to voluntary benefits programs could help relieve financial stress. Learn more.

Are your employees retiring? The U.S. Bureau of Labor Statistics predicts over-65s will be the fastest-growing workplace demographic, and that presents a challenge for businesses. Where this leaves employers.

Job seekers have more options than they used to, which is why attracting quality workers goes beyond offering competitive salaries and standard benefits packages. Recruit top talent.

Give credit where credit is due. Want to keep your employees happy? Don’t take credit for their work.

Have something to add? Email info@bestmoneymoves.com.