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Promotion Opportunities Can Help Attract Employees While the potential for career advancement and taking on more challenging roles in an organization is generally considered a key element of a total rewards package, many companies do not communicate these opportunities to prospective employees during the recruitment process, according to a survey conducted by WorldatWork, a human resources nonprofit organization. Trends In Life And Disability Benefits A majority of both private and public workers receive life insurance benefits from their employers, and around one-third of American employees are eligible to participate in employer-provided short- or long-term disability benefit plans, according to a report published by the U.S. Bureau of Labor Statistics (BLS). Gen Y Workers At Risk Of Inadequate Retirement Savings Due to trends such as rising life expectancy, the phasing out of traditional pension plans, and low rates of participation and saving in defined contribution plans, workers aged 30 and under may be more at risk than previous generations of not having enough savings to cover their financial needs in retirement, according to a study released by human resources consultancy Aon Hewitt. |
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