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Global minimum benefits standards are on the rise. Here’s what that looks like

HR Brew

What does a global minimum standard look like? Some 70% of employers surveyed by consulting firm WTW in October reported having a “global minimum standard in place for employee benefits,” nearly double the share who reported doing so in 2019.

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Best Global Benefits Services

HR Lineup

One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. This is where global benefits services come in.

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Contents What are employee benefits? Why are employee benefits important?

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Workers’ stress over money pushes more employers to offer financial wellness benefits

HR Brew

Daniel Banks, Chipotles director of global benefits, said that more than 73% of its roughly 125,000 global employees are members of Gen Z who are racking up credit card debt quickly and arent confident in their money-management skills.

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How to Conquer These 4 Top-of-Mind HR Challenges

It’s a never-ending tightrope act, trying to find the balance between creating benefits offerings that adapt to the uniqueness of your people, managing your own time and resources, and maintaining the organization’s bottom line.

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2023 Employee Benefits Trends to Prepare For

Extensis

Quick look: While the HR and benefits experts at ExtensisHR can’t predict the future, they can foresee the top expected employee benefits trends in 2023. ExtensisHR’s SVP of People and Culture, David Pearson , weighed in on the top expected employee benefits trends of 2023, outlined below. Family-focused benefits.

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10 Best Employee Benefits to Offer in 2025

Global Expansion

The days of thinking your employees care about free pizza and drinks on a Friday afternoon are over. They want employee benefits that make a difference. Todays top talent expects more than a decent paycheck and free food.