Best Money Moves

MARCH 11, 2024

The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcare benefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.

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HR Digest

MAY 10, 2023

Employers have increasingly focused on providing mental health benefits to their employees in recent years, but the impact of these offerings is mixed. OneMedical’s latest report highlights that only 20% of employees utilize their mental healthcare benefits, citing reasons such as cost, embarrassment, and lack of time.

Healthcare Benefits 64

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Employee Benefits

MAY 22, 2023

As with any large employee benefits spend, it is important that employers seek tax advice ahead of picking a PMI policy. For example, healthcare benefits come under the remit of HMRC’s P11D form, and PMI should, therefore, be included on this. Are there any tax or legal implications? Who are some of the key providers?

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WEX Inc.

JUNE 5, 2023

This enables eligible businesses to take advantage of an affordable way to offer healthcare benefits to their workers. This also allows more flexibility in how employers can design their plan and the amount of money they can contribute towards an employees’ healthcare. How do I offer a QSEHRA?

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Health Insurance Healthcare Taxes Insurance 94

Employee Benefits

FEBRUARY 19, 2024

In this episode of the Employee Benefits podcast , Emma Andrews, global payroll and reward specialist at FitFlop, explains how the benefits provision is designed to ensure all employees will find some, or all, of these valuable.

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Employee Retention Global Payroll IT Payroll 59

Employee Benefits

JUNE 9, 2023

Banking organisation Natwest Group and Teva Pharmaceuticals have been shortlisted in the category Best benefits to support menopause at the Employee Benefits Awards 2023.

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Employee Benefits

JANUARY 22, 2024

We also launched our flexible working trial, Workflex, at the end of 2023, allowing colleagues to work a four-day week or nine-day fortnight. Our colleagues have told us they found this benefit to be “fantastic”, and a “game changer”. Whether this is more or less depends on their role and their personal preference.

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Employee Benefits

APRIL 26, 2024

He cited the statistic that of the 11 million fit notes issued in 2023, just 6% were signed ‘fit for work’. In a speech on 19 April, prime minister Rishi Sunak announced that the government will take steps to transform the sick note culture in a bid to reduce the number of individuals that are deemed unfit for work.

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Workplace Insight

JUNE 25, 2023

million people as per the latest estimates through February-April 2023, it suggests that over half a million people – around 560,000 – are keen to return to employment so long as they can improve their health. million as of March 2023. With economic inactivity because of ill-health surging to 2.6 million in March 2020 to 9.2

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Employee Benefits

APRIL 3, 2024

Credit: everydayplus/shutterstock What are healthcare trusts? Healthcare trusts enable employers to provide self-funded medical cover to employees. Unlike private medical insurance (PMI), healthcare benefits are paid for from a trust fund, set up with trust rules. Are there any tax or legal issues?

Healthcare 59

Healthcare Healthcare Benefits Insurance Medical 59

Employee Benefits

APRIL 14, 2023

When I first entered the world of employee benefits more than 20 years ago, many organisations’ approach to health and wellbeing was markedly different. Back then, the focus was on more traditional healthcare benefits, such as private medical insurance (PMI) and health cash plans.

Healthcare Benefits 59

Healthcare Benefits Consulting Retail Healthcare 59

Employee Benefits

APRIL 15, 2024

Healthcare benefits can sometimes offer specific support: some private medical insurance (PMI) policies have specific helplines or access to trained menopause medical professionals that are either included or available at an additional cost. Research into the subject has also produced some thought-provoking statistics.

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Best Money Moves

JUNE 7, 2023

By offering comprehensive healthcare benefits, you can bridge this gap and demonstrate a commitment to supporting the diverse needs of your workforce. Prioritizing mental health support for LGBTQ+ employees is another key element you can use in your benefits strategy. Mental health support.

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Pharmaceutical Healthcare Retirement Plan Healthcare Benefits 59

Griffin Benefits

JULY 5, 2023

While employers have traditionally worried about large medical claims, the growing popularity of exorbitantly-priced specialty drugs is creating an entirely new category of potentially catastrophic healthcare spend. and you have a recipe for disaster. and you have a recipe for disaster.

Health Insurance 52

Health Insurance Insurance Pharmaceutical Healthcare 52

Best Money Moves

OCTOBER 22, 2024

Healthcare costs and employee financial burnout Many workers face especially high anxiety over healthcare costs. According to the 2023-2024 Aflac WorkForces Report, 50% of workers report anxiety about out-of-pocket health care expenses, even beyond what insurance covers.

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HR Digest

OCTOBER 9, 2024

The deal included 74% of pay and full healthcare benefits so employees were not left in limbo without any support. As part of this commitment, Stelantis also reassigned the employees from the factory to work at other locations and agreed to continue to pay those who were waiting for the jobs to open back up.

Banking 52

Banking Healthcare Benefits Healthcare Education 52

Vantage Circle

NOVEMBER 23, 2023

The organization also equips your HR team with powerful analytics and reporting tools, facilitating efficient benefit management and offering valuable insights into employee engagement. Capital One provides comprehensive healthcare benefits for employees and their eligible family members. How to Offer?

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Employee Benefits

MAY 26, 2023

Channel 4 and global investment bank Citi have been shortlisted for Best benefits to support reproductive health at the Employee Benefits Awards 2023.

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Entertainment Healthcare Benefits Banking Healthcare 98

Proskauer's Employee Benefits & Executive Compensa

APRIL 24, 2023

Although the Supreme Court’s decision returns mifepristone access to the status quo for the time being, it creates a number of questions for employers and other benefit plan sponsors with respect to abortion coverage in group health plans, which we discuss below. How did this case get to the Supreme Court? It depends.

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