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With that economic environment as a backdrop, how can total rewards professionals offer resources to help employees who may be struggling with debt?

Macroeconomic Headwinds Raise the Stakes It’s important to interpret these trends in context. 2024 unfolded against a backdrop of renewed geopolitical tension, uncertainty around global tariffs, and ongoing volatility in currency exchange rates and supply chain conditions.

-based Purdue University has introduced Work From Purdue , a program designed to provide incentives for remote workers to move to the Discovery Park District community at Purdue.

Removing RTO Obstacles For workers who are returning to the office, businesses may consider subsidizing some of the associated expenses and offering benefits to ease the transition — with transportation passes or reimbursement, free parking, on-site childcare, ensuring the availability of a wide variety of food options, or in-office gyms.

In-office employees may appreciate benefits such as commuting stipends, parking and on-site childcare .

Announced local rate changes are set to take place in: ;Arizona: Flagstaff, Tucson; ;California: Belmont, Burlingame, Cupertino, Daly City, East Palo Alto, El Cerrito, Foster City, Half Moon Bay, Hayward, Los Altos, Menlo Park, Mountain View, Novato, Palo Alto, Petaluma, Redwood City, Richmond, San Carlos, San Diego, San Jose, San Mateo, San Mateo County, Santa Clara, Santa Rosa, South San Franciso, Sunnyvale, West Hollywood; ;Colorado: Boulder, Boulder County, Denver, Edgewater; ;Maine: Portland, Rockland; ;Maryland: Howard County; ;Minnesota: Minneapolis, St.

The perception that employees are doing something they value and that provides a sense of purpose in their lives (George and Park 2016).

We saw decreases in on-site programs — such as free/subsidized parking, healthy cafeteria/vending machine options, work-environment initiatives or on-site fitness — as the result of more remote and hybrid work.

Some employees have noted that a full month’s stay would total roughly $3,000, which is less than the cost of rent for many apartments in the Bay Area, without all the amenities.

So, what sets these successful companies apart?