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“That is an area companies are giving more attention to, particularly because they want to ensure that what is underlying these types of incentives aren’t creating quotas or anything in that respect,” Daves said.

Byron Donalds (R-Florida) reintroduced the Financial Freedom Act , which would prohibit the Department of Labor from “issuing a regulation or guidance that limits the type of investments that self-directed 401(k) account investors can choose through a brokerage window.”

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Republican lawmakers advanced it under the Congressional Review Act, which allows Congress to roll back regulations from the executive branch without needing to clear the 60-vote threshold in the Senate that is necessary for most legislation.

;When asked how to reduce burnout, 65% cited a decreased workload, better health and wellness benefits (60%), working from home (58%), reduced administrative burdens (55%), more on-site amenities (51%), and the ability to relocate or work from multiple locations (41%).

In early 2023, the group 4 Day Week Global completed a six-month trial of more than 60 companies and nonprofits in the UK, reporting improved metrics relating to wellness and productivity; 91% of the participating groups polled said they will continue with the structure.

The Retire through Ownership Act (S. 2403), sponsored by Kansas’ Marshall and Virginia’s Caine, clarifies what is referred to as the “adequate consideration” standard for ESOP stock purchases under ERISA, providing a safe harbor for fiduciaries who rely “in good faith” on valuations prepared by independent experts in accordance with the Internal Revenue Service’s Revenue Ruling 59-60 .

Mishra added that not only do those types of workplace environments help reduce employee burnout and stress, but they also create space for managers to realistically support workers’ mental health.

Results May Vary So, just how effective are these nontraditional types of benefits for an organization?

The respondents were asked to indicate their gender (male or female), their age (15-20, 21-30, 31-40, 41-50, 51-60, 61+), and their race (Asian, Black, Hispanic, White or Other).