Overview: Adoption assistance programs are becoming more prevalent as an employer-sponsored benefit. The number of employers offering such services as part of their employee benefit program continues to grow as adoption becomes more common in the US.
Adoption assistance benefits can be grouped into two general categories:
Adoption assistance benefits help employers to promote a family-friendly culture and show fairness and equity with other employees who have given birth to a child and have perhaps received paid maternity leave and/or health care coverage.
Author: Tracy Morley, SPHR, Legal Editor
The IRS has released Revenue Procedure 2016-55, which provides the annual inflation adjustments to the employer-provided fringe benefit limitations and personal income tax-related amounts.
Attracting, motivating and retaining talent is critical to an employer's short- and long- term success. This section assists HR professionals in implementing a comprehensive, integrated total rewards strategy that can help achieve those important objectives.
HR guidance on providing adoption assistance benefits to promote fairness and equity in the workplace.