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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. 401(k)s or other retirement plans.

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Comprehensive Guide to the Best Employee Benefits Options for 2024

Empuls

Health insurance Arguably, this is the most important prerequisite of a good benefits package. This would include comprehensive health insurance that covers doctor visits, stays at the hospital, the cost of prescription drugs, and preventive care. Types of benefits  1.

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

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Examples of fringe benefits by category

Business Management Daily

Different benefits appeal to different teams, but what matters most is providing more than just the bare minimum—health insurance, workers’ compensation, and a competitive salary. 401(k) plans, pensions, and employer contributions to retirement accounts are increasingly important to young workers. It’s a touchy subject.

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Building Understanding Ahead of Open Enrollment Across Generations

PeopleStrategy

Offer a Flexible Benefits Package: Consider providing a core set of benefits that meet the basic needs of all employees, such as health insurance and retirement plans. Customizable Health Plans: Provide a range of health insurance plans with different coverage levels and costs.

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Improving the open enrollment process: Part 2

PeopleStrategy

When things are easy, people are more inclined to do them, whether that’s cleaning the house, planning a vacation or enrolling in health insurance. Free food at benefits workshops, meetings held outside and gifts like table games, coffee mugs and calendars can help boost engagement. ” Have some fun. Be transparent.

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How to develop and refine critical human resource skills

PeopleStrategy

This range includes health insurance, vacation and sick time, paid family leave, 401(k) programs, workers’ compensation and more. This can take the form of individual training sessions, periodic group workshops, game-based exercises with incentives for participation … whatever works best for you.