New employee benefits for fall – Employee Benefit News

Fall is a time for fresh starts — and that includes your employee benefit offerings, too.

In this week’s top stories, executives from Bank of America and software company Aurea share the employee benefits that are worth your time and investment — and the ones that are not. Financial wellness benefits that help employees manage their retirement savings, as well as address their individualized financial needs, are at the top of the list; office space falls at the bottom. And with most organizations spending 10% of their budget on office space, saving that money can give you a pool to spend on benefits elsewhere.

“If you’re a billion-dollar company, we’re talking a hundred million dollars a year,” says Scott Brighton, CEO of Aurea. “What if you took that money and you invested it in your employees instead?”

Where should that money go? According to a recent survey by hiring platform Remote, employees want overtime pay, retirement plans and pensions, and healthcare-related benefits. See…

Read Full Story: https://www.benefitnews.com/list/new-employee-benefits-for-fall

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source: https://news.oneseocompany.com/2022/09/30/new-employee-benefits-for-fall-employee-benefit-news_2022093031856.html

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