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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

Think medical, dental, and vision insurance, often supplemented by wellness programs like mental health support or fitness stipends. 401(k) matching), stock options, or performance bonuses. In an era of rising healthcare costs, these benefits are non-negotiable for many workers.

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What is employer branding? How to build a great employer brand

Achievers

Employer branding requires your company to ensure its culture, values, and vision match its goals and aspirations, and then communicate its brand effectively. If your marketing efforts emphasize that you offer competitive pay, flexible work hours, and holiday bonuses, for example, you’ll strengthen your employer brand.

Insiders

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Total Compensation Report Statements: Unveiling the Value Beyond the Paycheck – Sample Included

COMPackage

Other Compensation: This can include items like company-provided equipment, professional development opportunities, or profit-sharing bonuses. Benefits: A detailed breakdown of employer-sponsored benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs.

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

employer-sponsored 401(k) plans. Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? The SECURE 2.0 The SECURE 2.0 The SECURE 2.0 The SECURE 2.0

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16+ types of employee benefits you should consider

Genesis HR Solutions

Vision Insurance. Vision insurance is designed to help your employees cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses, and contact lenses. 401(k) & 403(b) Retirement Plans. A 401(k) plan can be an important tool for a small business to attract and retain employees.

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How to evaluate the compensation plan?

HR Digest

Retirement benefits – include 401(k)/403(b), pension plans, etc. On the other hand, Job B offers a salary, 401(k), employee assistance program , and learning and development opportunities. One that offers perks such as gym memberships and bonuses can help you upgrade to or maintain a healthy lifestyle.

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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

Ditto for bonuses that are based on actual wages paid. Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts. cash planning).

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