Remove 401(k) Remove Life Insurance Remove Parental Leave
article thumbnail

Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

401(k) matching), stock options, or performance bonuses. Work-Life Balance Perks Paid time off, flexible schedules, remote work options, and parental leave fall here. Partially Taxable: Group-term life insurance over $50,000, for instance, has a taxable portion based on IRS tables.

401(k) 52
article thumbnail

Employee Benefits Providers: What Employers Need to Know

Empuls

Principal Financial Group : Specializing in retirement plans, insurance, and financial wellness programs, Principal Financial Group is a top choice for companies looking to enhance their employees' financial security. Their services include 401(k) plans, pension plans, and personalized financial planning.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Total compensation package examples

Higginbotham

Health Insurance. Other Insurance (Dental Insurance, Vision Insurance, Life Insurance, Disability Insurance, Pet Insurance, etc.). Paid Time Off (Holiday, Vacation, Sick Days, Parental Leave, Personal Days, etc.). Company A also offers a 401(k) with contribution matching.

401(k) 52
article thumbnail

What Are Fringe Benefits and Are They Taxable?

HR Digest

Paid time off (PTO) , travel reimbursement, tuition reimbursement, menstrual leave, and childcare assistance are some common types of fringe benefits. A report by T he Conference Board indicated that 86 percent of organizations maintain policies such as parental leave and well-being support. Do Fringe Benefits Count as Income?

401(k) 52
article thumbnail

Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

Key components of an employee benefits package Major components of an employee benefits package include health insurance, retirement plans, and Paid Time Off. Others, like location-bound perks and life insurance, are also becoming the norm. Life insurance basically covers post-death expenses of an employee.

article thumbnail

Magazine Extra: Benefits Touch Points—Communicating When It Matters

International Foundation of Employee Benefit Plans

As a benefits professional, you often wear many hats, and communications could be one of the more challenging roles you encounter. You’re required to not only inform but inspire employees. Read more > The post Magazine Extra: Benefits Touch Points—Communicating When It Matters appeared first on Word on Benefits.

IT 112
article thumbnail

What employees expect from benefits packages

Business Management Daily

Organizations also frequently provide employees with free or low-cost life insurance. Large and small businesses alike benefit from sponsoring plans such as 401(K)s and Simple IRAs. Generous parental leave policies. Pet insurance has developed into one of the fastest-growing workplace perks.