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When it comes to reopening a business or company office, one thing is for sure: a safe opening is definitely on employees’ minds. About 50 percent of the people surveyed by Weber Shandwick and KRC Research were concerned they’d be asked to go back before it’s safe.
The IRS released the 2021 pre-tax limits for mass transit and qualified parking. The limits are effective on January 1, 2021.
For 2021, the monthly limit for commuter benefits will be $270. That’s the same amount as 2020.
Pre-tax commuter benefits can be used to pay for:
While in 2013 only 13 percent of employers felt extremely responsible for employees’ financial awareness, that number has skyrocketed to 62 percent in 2020, according to a Bank of America survey of 808 businesses that have a 401(k) plan.
There are many reasons financial wellness has become so important. To employees and employers. First, employers have found that financial wellness increases employee engagement.
It’s also becoming more important than ever to make sure people are able to handle unexpected financial situations. Plus debt, particularly student loan debt, is become a major stressor for employees.
In fact, managing finances is the top stressor for employees, according to PwC, and that stress is so bad it often becomes a distraction at work.
Given the current state of the world and how it has affected the work of millions, there has been an increasing interest in how employees can better practice self-care. And rightly so, considering how the global health crisis is creating even more obstacles to employees’ mental health. Apart from the wellbeing of their employees, businesses should be reminded that the cost of depression and anxiety translated to an annual loss of $1 trillion for the global economy in loss of productivity in 2019. And this year, it’s obvious that this problem has only gotten worse. As business owners, how can we help employees take better care of themselves and maintain a positive mindset even in the most uncertain of times?
Whether it’s because of COVID or the fact it was gaining popularity before the pandemic, people are riding again, and micromobility is proving itself to be a valued means of transportation.
Public life is taking root once again. As more people go back to work, they’re going to be welcomed by several changes with commuting.
However, with some planning and help from transit authorities, you should be able to safely travel to and from your work with minimal increased risk of contracting the virus.
Edenred Commuter Benefits™, a leading provider of commuter benefits, announces the acquisition of the RideECO Commuter Benefit Program from the Delaware Valley Regional...
Have you had a lot of turnover in the office in the last couple of years?
We have a good guess as to why — actually seven of them.
PayScale conducted a survey of Millennials, Gen Xers and Baby Boomers to see why they quit. Here are the Top 7 reasons employees quit their jobs:
Are you a super commuter or do you read your morning work emails in your pajamas while having breakfast in your home office?
It might not be long before those situations define our work life. The trends in the commuting landscape are pointing that workers will be at opposite ends of the commuting spectrum in the years ahead. There very well could come a day when we either have a long commute to work or never leave “the office.”
Many would argue that success is difficult to quantify because everyone has different standards. From an organizational standpoint, however, the definition of success should be uniform, and a set of carefully selected Key Performance Indicators (KPIs) is one way to measure it.
KPIs have long played a role in the early stages of many companies, big or small, and throughout their growth. They are used to gauge the performance of the company as a whole and can be broken down into individual units.