How Employee Benefits May Change in a Hybrid Workplace | The Wall Street Journal

Workforce Trends

Many companies continue to re-evaluate their benefits propositions to determine if they still align with what workers value. Consequently, firms will reduce or eliminate certain benefits while expanding others. This article highlights six ways how companies and HR experts expect benefits to change. They include:1) Flexible time off with no formal limits2) Fewer sick days but more ‘home leave’ days. For example, if an employee may feel slightly ill but can still contribute a portion of their workload, employers might give workers extra days of home leave a year, beyond the work-from-home days allowed. Said differently, sick leave is when you don’t work, but with home leave, you’re working, which enables the worker to still contribute a portion of their workload. Other benefits changes include 3) Work-from-anywhere periods.  4) Provide stipends for home offices. 5) Expanded discounted services for employees with third-party vendors (e.g., pet services). 6) Translate in-office perks for hybrid work environments (e.g., instead of onsite gym, provide access to health and wellness apps). According to Willis Towers Watson, 80% of employers surveyed plan to increase virtual perks this year.

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