HR teams will show employees that the company cares about their wellbeing by giving employees more power over their benefits.

Ninety percent of employees say the ability to repurpose the value of their PTO would make them more likely to stay with their current employer.

When PTO Exchange asked 1,000 workers if this benefit would make them more likely to stay with their current employers, 90% said yes.

As HR teams attempt to navigate yet another series of workplace transformations, it's their responsibility to help employees prepare for whatever 2024 will bring.

The ability to fully detach from work helps employees improve their mental health, focus on personal relationships, and prioritize their own wellbeing.

When working parents receive the childcare assistance they need, they see that the company is committed to their wellbeing at home and in the office.

While HR teams often think of flexibility in terms of remote work, employees also want professional development opportunities, flexible hours and benefits that meet their unique needs, like daycare reimbursements.

Convertible benefits can help CHROs accomplish this goal by reallocating resources that have already been budgeted to personalized forms of support for their employees.