Personal Services and Family-Friendly Benefits
Learning Objective 6
List and discuss the popular personal services and family-friendly benefits.
Time off, insurance, and retirement benefits account for the lion’s share of benefits costs, but most employers also provide various personal services benefits.
Personal Services
“Personal services” benefits include employee assistance, educational subsidies, credit unions, and social and recreational opportunities. 178
Employee assistance programs (EAPs) provide advisory services, such as mental health counseling, personal legal and financial services, child- and elder-care referrals, and adoption assistance. 179 More than 60% of larger firms offer such programs. One study found that personal ...
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