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Nearly 3 in 4 US companies say they plan to invest in leave in the next 2 years
['Ginger Christ']
HR Dive - Latest News
Please let us know if you have feedbackDive Brief:Nearly three-quarters of U.S. companies plan to expand their leave programs in the next two years, according to research released Monday by WTW, a global advisory, broking and solutions company.
These investments are driven by a focus on improving employee experience (67%) and upping attraction and retention (60%), WTW found.
The investments are in multiple forms of leave, including parental, bereavement and caregiver leave, the report found.
Caregiver leave is predicted to nearly double over the next two years, growing from 22% to 39%, the report found.
Employers identify program administration as their greatest challenge (49%) in implementing these changes, however, followed by integration of leave systems (39%) and coordinating workforce availability as leave use rises (38%).