Human resources policies exist for a reason. Significant life changes can affect your employees in unpredictable ways. Whether it is a drastic shift in company policy regarding telework, or a family member is injured in an accident, extending various voluntary benefits can make a tremendous difference. Here is what you should know about paid family leave.
First of all, take the time to find out which employees are going to be affected the most profoundly. The chances are good that they will genuinely appreciate the ability to take advantage of paid family leave. Having all of your employees based in one central office in one state – Maryland, for example – makes this process much more straightforward. However, some of your employees could live in neighboring states such as Pennsylvania, Virginia, and the District of Columbia. This means that because of their residency, they might not be eligible for these same benefits.
What Eligibility Means
Your human resources department will also have to determine what eligibility means for your company. Remember that it can be more complicated than you might think. Full-time employees will have different privileges than part-timers will. You might also be responsible for employees who no longer work for you if you are their most recent employer. Contractors who fall into the 1099 category also have different rules and regulations to pay attention to when it comes to paid family leave,
Disability insurance is also an important consideration. This coverage is a form of supplemental protection that should not be overlooked or ignored. This method can be how paid family leave is administered, especially if you need to update your policies around paid time off.
Paid Time Off Policies
Paid time off, or PTO, is an attractive benefit that can land you the top talent in your field. Younger workers, in particular, will enjoy this benefit, since they can take time to see sick relatives or travel and spend some time on vacation before coming back into the home office feeling relaxed, refreshed, and recharged for the challenges ahead.
Get Your Voluntary and Supplemental Insurance Policies with the MWE Partnership!
Are you a business looking to provide your employees with essential voluntary benefits? If so, look no further than The MWE Partnership. When you choose The MWE Partnership, you get experienced service and comprehensive voluntary benefit options that will meet the needs of all your employees. With over 17 years of experience, The MWE Partnerships is your one-stop-shop for all your supplemental benefit needs. If you are interested in finding out how The MWE Partnership can help your business, then contact us today! Also, be sure to like our Facebook page and follow us on Twitter and LinkedIn for all the latest voluntary benefit news!