15 Employee Benefits on the Way Out

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Employee Benefits on the Way Out

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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