Estimated reading time: 0 minutes, 46 seconds

Some employers are taking work-life balance to a new level by offering recruits perks such as free dry-cleaning, in-house gyms and free food. So reports MarketWatch.

Over the last year, 34% of employers said they boosted their benefits to employees, up from 32% the prior year, the Society for Human Resource Management notes in a recently published survey. And this year, companies have increased health-related benefits by nearly 30% and wellness-related benefits by 20% from last year.

"It's important to think about benefits and perks as another kind of compensation when you're looking for a job," says Alison Sullivan, a career trends expert at Glassdoor.

Voluntary turnover costs U.S. employers $536 billion yearly, the Bureau of Labor Statistics notes. And finding a new replacement can set back a company as much as $4,129 per new hire. That's because it can take an average of 42 days to find someone, a 2016 SHRM report found.

Read the full article from MarketWatch

Last modified on Saturday, 06 October 2018
Read 266 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings


For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue


Background Color
Text Color


Background Color


Select menu
Google Font
Body Font-size
Body Font-family
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline