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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Naturally, most businesses can’t afford the king suite of benefits—unlimited PTO, free insurance, etc. Given the choice between working somewhere with great benefits and somewhere with the bare minimum, anyone would choose the business with more PTO. A matching 401(k) or pension. Ten years ago, that wasn’t a problem.

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Pazcare

HR Lineup

Pazcare provides its employees with 401(k) plans, which are retirement savings plans that allow employees to save for their future. Pazcare also offers a matching program, where the company matches a portion of the employee’s contribution to their 401(k) plan, which helps employees save even more money for their retirement.

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Insiders

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Best HR Software Providers: Standard-setters in performance tracking to 401(K) management

HR Digest

The platform also offers employee benefits options such as health insurance through Gusto’s licensed advisors, 401(k) retirement, workers’ compensation, 529 savings, HSA, life and disability, commuter benefits, and more. It can be easily integrated with tools like Xero, Clover, Quickbooks, TSheets, and more.

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

COMPackage

Benefits: A detailed breakdown of employer-sponsored benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs. TCRS provide a transparent breakdown of all aspects of an employee’s compensation package, including: Base Salary: The core component, outlining the annual or hourly wage.

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How to evaluate the compensation plan?

HR Digest

Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. 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. Employee assistance program.

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The Surprising Things That Drive HR Technology Trends Today

Insperity

Employees don’t want to be put into a telephone queue just to update their address or manage their 401(k) contributions. If employees wants to see how much PTO they have, they simply log in and check their balance. They can check the PTO calendar and then submit a time-off request. Accessibility.

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How to Turn a New Company Policy from Negative to Positive

HR Bartender

We increased the 401(k) match; created a scholarship program for employees’ children; and launched a child care assistance program. days more than under the traditional accrued PTO policy. We felt it made more sense to reinvest those savings in other employee benefits. Yes, that’s right. Just less than three days more off.

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