Welcome to the July edition of HR Hot Topics! I’m Jodi Schafer, and in this episode, we delve into the crucial aspects of employee benefits, focusing on time off policies. With summer in full swing and time off requests piling up, it’s the perfect time to review how your organization handles vacation, sick leave, and other benefits.
🔹 SHRM Survey Insights: Discover the latest trends and statistics on benefits offered by small employers in the Midwest.
🔹 Time Off Policies: Learn about vacation banks, sick banks, and paid time off (PTO) structures.
🔹 Leave Payout and Cash Out Programs: Understand the options available for end-of-year and end-of-employment leave management.
🔹 Leave Donation Programs: Explore the compassionate option of allowing employees to donate leave to colleagues in need.
🔹 Paid Leave Types: From parental leave to bereavement leave, find out what other small employers are offering.
Join us as we share valuable insights to help you make informed decisions about your employee benefits, ensuring your team remains satisfied and motivated.
Timestamps:
0:04 – Introduction
0:21 – Importance of Benefits in July
0:32 – SHRM Survey Overview
1:03 – Health and Wellness Benefits
1:23 – Time Off Policies
2:11 – Data on Vacation and Sick Banks
4:00 – Leave Payout Programs
5:00 – Cash Out Options
6:20 – Leave Donation Programs
7:45 – Paid Parental and Bereavement Leave
11:01 – Health, Dental, and Vision Insurance
12:02 – Introduction of Gin Gibson
13:13 – Gin’s Role in Benefits Evaluation