Daily valuations, frequent reporting and a broad set of investment options are also the norm. Companies have also enhanced paid time off benefits. This is in response to employee quality of life concerns. Average vacation time increased, especially for new hires, to an average of just under 11 days. Average sick leave increased to 9 days.
Daily valuations allow participants to monitor and change their fund balances on a daily basis.
The average number of years of service required for full vesting dropped to 3.3 years. EAP's provide basic counseling services to employees and family members. Paid Time Off Average vacation time increased, especially for new hires, to an average of just under 11 days. Average sick leave increased to 9 days. All rights reserved.