How Climate Change is Being Incorporated into Employee Pay and Benefits

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

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyBut 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.

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