How One Degree Benefits Employees and Employers
One Degree is a technology-driven nonprofit that helps low-income families access the resources they need to achieve social and economic mobility. Through digital tools, One Degree connects users to over 20,000 nonprofit and government resources and services free of charge.
The company offers a variety of benefits to its employees, including flexible work hours and paid time off. These benefits allow employees to work remotely and improve their overall health and wellbeing.
Flexible Work Hours
Whether you’re a parent or a student, a flexible work schedule is an invaluable tool to manage your time. It allows you to manipulate your daily schedule and avoid rush hour traffic or spend more time with family members.
This type of work arrangement has become increasingly popular in recent years. It’s also become a key recruitment tool, attracting skilled employees from across the globe.
As a result, many employers are allowing employees to work flexible hours. This can include working fewer hours some months and more hours others, or taking time off in emergencies but making up the missed hours later on.
Having a flexible work schedule can help improve employee happiness and morale, as well as increase productivity. It can also make it easier for staff members to take on more responsibility, which can help them feel valued.
Employee Assistance Program
EAPs are a valuable tool for employers who want to encourage the health and well-being of their employees. They also increase employee productivity and improve morale.
An employee assistance program helps address a range of issues that can impact workplace productivity, including mental health, financial wellness and family care concerns. It also offers counseling referrals for long-term solutions.
Employees can access an EAP through a company website, a phone number, or email. They can choose a model that works best for their organization (in-house, outsourced, or blended).
Studies show that employee assistance programs reduce sick leave usage by 33%, lost time by 40%, and work-related accidents by 65%. They also help boost productivity by improving workers’ ability to respond to stressful situations.
Paid Time Off
Many companies offer paid time off, which can include vacation or sick leave, as well as personal time off. This benefits the employee as well as the company because it encourages productivity and morale.
Some employers also offer a variety of other types of paid time off, such as student loan repayment assistance or a learning stipend. These can be useful for employees who are seeking a career change or want to improve their skills.
Some companies offer unlimited PTO, which is growing in popularity because it shows the company trusts their employees to manage their own time off. Studies show that employees who take unlimited fully-paid holiday tend to use fewer days than those who have an allocated number of days off.