Professional development opportunities and telecommuting benefits are at an all-time high. Organizations are now offering creative perks like free oil changes, on-site yoga, and monthly massages.
But what about some of the benefits that are disappearing?
The 2016 Employee Benefits survey conducted by the Society for Human Resource Management (SHRM) suggests that as we add on new perks and benefits to our workplaces, some are beginning to disappear.
Below is a list of benefits with statistically significant decreases over the last 20 years:
Benefit |
1996 |
2016 |
| Subsidized child care center |
9% |
2% |
| Employee discounts on company services |
43% |
32% |
| Credit union |
70% |
23% |
| Matching employee charitable contributions |
30% |
21% |
| Loans to employees for emergency/disaster assistance |
27% |
13% |
| Parking subsidy |
25% |
10% |
| Employee stock purchase plan |
28% |
9% |
| Job sharing |
24% |
10% |
| Health care premium flexible spending account |
54% |
39% |
| Temporary relocation benefits |
39% |
24% |
| Spouse relocation employment assistance |
22% |
7% |
| Mortgage assistance |
12% |
4% |
| Unpaid sabbatical program |
27% |
12% |
| Vacation purchase plan |
11% |
4% |
| Onsite health screening programs |
53% |
31% |
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