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3 Reasons to Love Your Benefits

Benefit Resource Inc.

That’s why employers should be offering medical and health-related benefits. A Medical Flexible Spending Account (Medical FSA), Health Savings Account (HSA), or Health Reimbursement Account (HRA) are great places to start. When it comes to employee benefits, there is no shortage of options.

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Comprehensive Guide to the Best Employee Benefits Options for 2024

Empuls

Take the example of a leading technology company where, by just introducing flex-time for its employees, allowing them to work from home, and far better health benefits, the whole approach toward implementing employee benefits was changed.

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Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act. HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans.

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Examples of fringe benefits by category

Business Management Daily

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. 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.

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What employees expect from benefits packages

Business Management Daily

Large and small businesses alike benefit from sponsoring plans such as 401(K)s and Simple IRAs. These allow employees to save for their golden years while enjoying tax benefits now. A primary attraction is employer contributions to retirement savings plans, with the more the better from a worker’s perspective.

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How Can Employers Help Employees With the Cost of Living Crisis?

Empuls

Among the standout features of their benefits package is the inclusion of a 401K savings plan, an attractive incentive for those thinking about their financial future. In addition to these retirement perks, employees also receive a substantial $1,000 in health savings account funding.

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Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

Vantage Circle

Many workers today struggle with saving for retirement, and offering employer-sponsored plans gives them a much-needed head start Ideas: Offer matching contributions to 401(k)s, SEP IRAs, or SIMPLE IRAs to incentivize participation. Ideas: Clearly communicate the benefits and tax advantages of these accounts.