How climate change is beginning to be built into employee pay and benefits

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 72%

Bank Of America Corp News

Walmart Inc,Technology,Careers

Companies are facing questions from workers over their role in climate change. Aligning employee pay and benefits with environmental concerns is an option.

Though still on the margins of the labor market, the concept of "green perks" is being added to compensation packages and employee benefits.

But for most rank-and-file employees, benefit packages in recent decades have had essentially two main categories — health and retirement. Now there are indications that green benefit packages may become more common.

Younger workers from the Gen Z demographic may be front-and-center when it comes to including social and environmental consciousness in corporate benefit programs, but Mangiardi said, "It's important to note that employees of all generations support sustainability.", which provides employee expense management that replaces or consolidates existing perks with stipends designed around employee lifestyle spending, says these incentives can be green focused.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ENERGY

Energy Energy Latest News, Energy Energy Headlines