10 HR MAGAZINE SEPTEMBER/OCTOBER 2018
many business owners are concluding
that they have little choice but to beef
up parental benefts and other perks
to recruit and retain top talent.
Overall, 34 percent of organizations
increased benefts oferings in the last
12 months, the researchers found.
“With unemployment at an 18-year
low, employers view benefts as a
strategic tool for recruiting and re-
tention,” said Trent Burner, SHRM’s
vice president of research. “Strategic
organizations adjust their benefts
year-to-year, depending upon their
use by employees, cost and efective-
ness in helping an organization stand
out in the competition for talent.”
Organizations that increased bene-
fts did so in the following areas:
ā ā Health-related benefts (up among
51 percent of respondents that
ā ā Wellness ( 44 percent).
ā ā Employee programs and services
( 39 percent).
ā ā Professional and career develop-
ment benefts ( 32 percent).
ā ā Leave, family-friendly and fexible
working benefts (each 28 percent).
Just 5 percent of organizations de-
creased their overall benefts oferings
in the last 12 months. “Most organiza-
tions that reduced benefts indicated
that they did so, at least in part, to
help manage costs,” the authors said.
Substantial increases in wellness
oferings were seen in:
ā ā Company-organized ftness com-petitions/challenges (provided by
38 percent of respondents, up from
28 percent last year).
ā ā CPR/frst-aid training ( 54 percent,
up from 47 percent).
ā ā Standing desks ( 53 percent, up
from 44 percent).
Fewer companies ofered onsite
health screenings— 30 percent this
year compared to 47 percent in 2014.
STUDENT LOAN REPAYMENTS
Recent college graduates will be
disappointed to learn that only 4
percent of organizations provide
student loan repayments, a fgure
unchanged since 2016. Company
leaders appear cautious about adding a new and potentially expensive
fnancial beneft, even if it is highly
valued by job candidates carrying
But overall, as employers face pressure to make benefts packages more
attractive, it’s a pretty good time to
start a new job, especially if you’re a
—Stephen Miller, CEBS
THE BEST OF JOBS, THE WORST OF JOBS …
2016 2017 2018
Employers signifcantly increased paid-leave benefts for parents in
Foster care leave
BIG JUMP IN PAID PARENTAL LEAVE
2018 across nearly all categories.
Automation, the gig economy, shifts in technology—all are factors shaping the chang-
ing labor landscape, including
which jobs are considered
plum roles and which are past
their prime. According to job
site CareerCast, which produc-
es an annual report high-
lighting best and worst jobs,
those who go into math
or data science have a
bright future ahead,
paper reporters face more-limited
opportunities. CareerCast ranks
over 200 occupations based on
their income, growth outlook,
work environment and the
stress they are likely to cause
“Decent-paying jobs for
those with limited education are disappearing due to
automation, computerization and
other advancements,” says Steve
Antonof, vice president of HR at
CalPortland, a California-based