The average has grown by about $ 1 million over the past year.
Witnessing the many challenges faced by employees due to the COVID-19 epidemic, most employers have increased their welfare support, and the dollars involved, over the past year.
Employers have focused on developing support programs that will meet the growing needs of their diverse workforce, especially mental and emotional health, work-life balance, and financial health. The healthcare business group was announced on Wednesday. Moreover, 80% of employers state that diversity, fairness և inclusion affect their corporate welfare strategies.
Not only that, employers have invested money to maintain their support. The total budget for welfare programs has increased by about 22%, reaching an average of $ 6 million in 2021, while the average budget for 2020 is $ 4.9 million. (More than 20,000 employees), the average budget for welfare programs has increased from $ 100,000 to $ 10.5 million in 2020. The average budget per employee in 2021 increased to $ 238, slightly higher than $ 230 in 2020.
“The events of the past year have enabled many employers to take advantage of their employees’ welfare plans to meet the unique challenges posed by the epidemic,” said Shams Talib, head of Fidelity Workplace Consulting. “As a result, we have seen that many employers, including Fidelity for our partners, have developed their own welfare programs to provide greater support for emotional, mental well-being, diversity, equality, and inclusion.”
2021 A significant 92% of employers expanded mental health և emotional well-being support, which includes programs for stress management, sleep improvement, flexibility, and child-centered mental health programs. The findings come from a variety of studies showing that epidemics have greatly affected the mental health of those affected by the epidemic, and that the levels of anxiety, exhaustion, stress and depression are rising.
Related:Improving mental health in the workplace must be strategically imperative
While nearly three-quarters (74%) of employers have increased work / life balance plans, 69% of employers have added new vacation options or expanded vacation benefits during the COVID-19 epidemic. In addition, many employers consider their parental leave, including the time it takes to adopt a child. The companies also increased caregiver programs, including 64% that increased childcare support, 55% paid paid childcare leave, and 48% child care backup support. :
Financial health investments also increased. For example, 83% of employers say that this year they will provide emergency savings, debt management and budgeting programs, and 77% will offer resources for key financial decisions such as mortgages, wills and income protection.
Support is vital to creating a happier, more productive workforce, both as the epidemic continues and beyond, says Ellen Kelsey, CEO and CEO of the Health Business Group.
“As employers around the world continue to increase their welfare offerings, we will see a healthier, more involved workforce,” he said. “In addition, we expect businesses to continue to show flexibility, meet employee needs through leave, hybrid work and other benefits.”
This is Catherine Meyer HRE:նպաստ Benefits Editor նախագահ President of the Health & Benefits Leadership Conference. She has covered benefits for decades, պատմ her stories have won numerous awards, including the Jesse H. Neal Award, the Editors of American Business Publications, and the National Federation of Women in Press. He holds a Bachelor’s and a Master’s degree from the University of Denver. It can be reached at firstname.lastname@example.org.