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Regulatory Updates
> CRS Updates Report on Leave Benefits
CRS Updates Report on Leave Benefits
The U.S. Congressional Research Service has updated their
report
on leave benefits in the United States. Currently, there are few federal statutes that pertain directly or indirectly to employer provision of leave benefits for any purpose. This report reviews those poliicies and then examines the incidence of different types of paid leave that U.S.employers voluntarily provide as part of an employee’s total compensation (wages and benefits). For example, vacations and holidays are the most commonly offered leave benefits: more than three-fourths of employees in the private sector receive paid time off for these reasons. Access to leave by various employee and employer characteristics also is analyzed, with particular attention focused on paid sick leave,which is offered to 57% of private sector employees. The report closes with results from a federal government survey of the average direct cost to businesses of different types of leave.
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© 2008 International Foundation of Employee Benefit Plans