Question

Introduction:

To attract the best talent, many employers have expanded their employee incentives and benefits offerings. You read about some of the perks Google offers, such as free food and haircuts, on-site gyms and medical facilities, and more. Some other benefits that have been the topics of recent news stories include paid parental leave and unlimited vacation policies.

While the Family Medical Leave Act guarantees 12 weeks of unpaid leave to new parents, there are no US laws guaranteeing any paid leave. But many companies in the tech sector and beyond have expanded their paid parental leave policies in recent years, including Netflix, Microsoft, Ikea, and Nike. Other companies, such as Apple and Facebook, even offer egg freezing and IVF benefits to employees.

Another benefit some companies are trying out is an unlimited vacation time policy. While the idea that you can take off as much time as you like is appealing to many job-seekers, some evidence suggests that employees at these companies actually take less time off than those at companies with more traditional vacation policies.[1] Advocates of unlimited time-off policies cite trust between employees and managers as a key factor in making them work.

For Discussion: answer to the following question in a paragraph containing 100-200 words.

What benefits and incentives do you think are most appealing to employees, and why?

Answer 1

Answer:-

In today’s hiring market, a generous benefits package is essential for attracting and retaining top talent. But out of the various benefits one employee must want better health, dental, and vision insurance. The next most-valued benefits were ones that offer flexibility and improve work-life balance.Flexible hours, more vacation time, more work-from-home options, and unlimited vacation time could help give a lower-paying job an edge over a high-paying job with fewer benefits. Furthermore, flexibility and work-life balance are of utmost importance to a large segment of the workforce: parents. They value flexible hours and work-life balance above salary and health insurance in a potential job.Paid vacation time is a complicated expense, since it’s not simply the cost of an employee’s salary for the days they are out; liability also plays into the cost.Student loan and tuition assistance also ranked highly on the list of coveted benefits, these bonuses could nudge them toward a lower-paying job. gender differences regarding certain benefits. Most notable, women were more likely to prefer family benefits like paid parental leave and free day care services. Parental leave is of high value to female employees.Women said they’d give parental leave heavy consideration when choosing a job.Men were more likely than women to value team-bonding events, retreats, and free food. Both genders value fitness-related perks, albeit different types. Women are more likely to prefer free fitness and yoga classes, while men are more likely to prefer an on-site gym and free gym memberships.