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Paid Leave Policy Survey

2/26/2023

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Do your Leave policies reflect current employee needs? Are your policies competitive?
 
A recent survey by NFP has provided a current snapshot of what leave plans employers are offering, such as;

  • 53% of employers offer a PTO Plan; 36% still offer a traditional vacation plan
  • 52% of employers provide 15 days or more in the first year of employment
  • PTO accrual typically starts on hire date
  • 61% of employers provide more than five paid sick days per year
  • 74% of employers still do not provide family caregiver leave
  • Almost 50% offer maternity leave as a stand-alone benefit separate from Short-Term Disability
  • Employers are increasing Bereavement leave and expanding the definition of bereavement leave
  • Since Juneteenth is now a Federal Holiday, 45% of employers include this day in their holiday schedule
 
Note: Many states have enacted state mandated Paid Sick or Paid Family Leave plans; however Texas does not have any state mandated plans for employee leaves.   The survey included various size employers with the majority in the 1-999 employee range. NFP is a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor.
 
 The survey may be found at: 
Work, Home, and Life Insurance | NFP
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Human Resource Solutions LLC
PO Box 822462
Dallas, Texas 75382
469.223.8268

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