Remove 2023 Remove Benefits Package Remove Disability Insurance
article thumbnail

Workers’ compensation vs disability insurance

Higginbotham

Workers’ compensation and disability insurance are two different types of programs that can provide benefits. Learn about the differences between workers’ compensation vs disability insurance and why your workers may need access to both. What are workers’ compensation benefits?

article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

The survey also found that 80% of employees would choose additional benefits over a pay raise. When looking for a new job, any self-respecting employee would look at the complete benefits package. Many of these benefits will comprise something called "fringe benefits." Life insurance.

PTO 106
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leveraging employee financial wellness programs in your benefits strategy

Higginbotham

According to a 2023 survey from the Lending Club, 60 percent of Americans are living paycheck to paycheck. Financial wellness benefits can help employees tackle their money challenges. However, there are many types of personal financial wellness benefits, each catering to unique needs. The average balance is $37,718.

401(k) 52
article thumbnail

10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

An employee benefits platform allows a more streamlined and efficient benefits management process, saving time and reducing potential errors. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs.

article thumbnail

How to Design an Employee Benefits Program Effectively

Empuls

They are designed to enhance the overall compensation package of the employees, thereby attracting and retaining top talent, improving employee morale, and increasing productivity. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

article thumbnail

Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Launching a successful benefits program in your workplace calls for a savvy employee benefits strategy. Here, we’ll cover everything you need to know about employee benefits. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.

article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences.