Family-friendly benefits include policies like flexible work schedules, childcare, and eldercare that help employees balance work and family responsibilities. Some examples of family-friendly policies discussed are flex time, job sharing, allowing work away from the worksite, parental leave, emergency leave, elder care, and maternity leave. Offering these benefits can attract and retain quality employees while also providing personal benefits for business owners at a lower individual cost. However, small businesses have less flexibility in benefits offerings due to higher administrative costs.

1. Employee Family - Friendly Benefit’s
Shubham Potdar
KIT’s IMER Kolhapur

2. Definition
Family – Friendly benefits such as child care, elder care,
fitness facilities, and flexible work schedules that make it easier
for employees to balance their work and family responsibilities.

3. Some possible family-friendly workplace policies:
• Flexi Time :
Flex-time - a flexible work schedule - allows people to choose when they work,
as long as they put in their hours every week. Depending upon the employer, that may
mean complete freedom to design their own work schedule, or being able to choose
from among several set options.
• Job Sharing :
Two (or more, but that's very unusual) employees may share a single position,
by each working a fraction of the necessary time. In that way, people can hold, or
continue to hold, the position they want, and still have time to spend with children or
aging parents, or take care of other family responsibilities.

4. • Allowing work away from worksite :
An employee may work from home or some other remote site some or all of
the time. Telecommuting allows people to work at locations anywhere in the world,
regardless of the location of the actual workplace.
• Parental leave :
This is a short-term option that allows a parent to take an afternoon or a day
off to pick up a sick child at school or tend to one at home, attend a school
performance or athletic event, or otherwise minister to a child's needs.

5. • Emergency Leave :
This offers a certain number of days a year to attend to medical or other
emergencies, usually with pay.
• Elder Care :
Although very few employers, if any, actually provide elder day care or
home care, many provide resources and referrals - and even subsidies - for such
care.
• Maternity Leave :
Part of an employee benefit package may be paid or unpaid leave for the
birth, adoption, or acceptance of the foster placement of a child. A combination of
paid and unpaid leave is also a possibility.

6. Other Benefits :
• Vacation Leave
• Paid Leave
• College scholarships or loans for employees' children

7. Advantages
• A benefits package, especially one that offers good health insurance
coverage (including dental and vision), helps attract and retain quality
employees.
• Offering benefits to employees also can be advantageous to a business
owner, who may be able to get personal benefits for less money than if he or
she purchased them privately.
• Offering health insurance has been shown to decrease absenteeism and
improve employee health and morale; those with coverage are more likely to
seek preventative care and live overall healthier lives.

8. Disadvantages
• Small businesses have less choice in designing a retirement plan
because of administrative costs.
• The more benefits a business offers, the more it must pay for
administrative overhead.

9. Thank You….