Does Your Company Offer Competitive Paid Leave?

Most U.S. employers aren’t required to offer their employees paid leave, but many do and this year they’re offering more. According to a recent Employee Benefits research report by the Society for Human Resource Management, more U.S. employers are offering paid leave benefits. For example, compared to previous years, more employers are offering: Paid sick leave plans Paid parental leave Paid vacation time Paid personal days As these numbers change, it’s important to review your own leave policies to ensure your offerings are competitive. Offering less paid leave than other companies in your industry or geographic area will make it harder for you to attract and maintain top talent. Top Paid Benefits According to the SHRM survey, the top paid leave benefit is paid holidays, which are offered by 98 percent of respondents. Other popular paid leave benefits include: Paid bereavement leave, offered by 86 percent of respondents. Paid jury duty …

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