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McDonald's employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corporation has spent more than $100 million on the program over the past four years.
Employees may choose to pay the money back within three years through regular paycheck contributions, and they would get a tax deduction for those contributions just as they do for regular 401(k ...
It’s not just benefits costs where employers stand to lose money—unsatisfied employees may look for jobs that provide more desirable benefits packages. Just 48% of employees say they are ...
An employee survey at Betterment at Work confirmed this notion, showing that two of the top five "most enticing financial wellness benefits" were a "high-quality 401(k)" and a "401(k) matching ...
Learning organization. In business management, a learning organization is a company that facilitates the learning of its members and continuously transforms itself. [1] The concept was coined through the work and research of Peter Senge and his colleagues. [2]
Skilled worker. A skilled worker is any worker who has special skill, training, knowledge which they can then apply to their work. A skilled worker may have learned their skills through work experience, on-the-job training, an apprenticeship program or formal education. These skills often lead to better outcomes economically.
Workplace wellness. Workplace wellness, also known as corporate wellbeing outside the United States, is a broad term used to describe activities, programs, and/or organizational policies designed to support healthy behavior in the workplace. This often involves health education, medical screenings, weight management programs, and onsite fitness ...
Companies want to increase their return on investment in employee benefits. One law firm hired a chief engagement officer to do so. Employees want robust benefits, but many don’t use them.