article thumbnail

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.

article thumbnail

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.

401(k) 71
Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

401(k) 82
article thumbnail

New Trends in Workplace Benefits: What Employees Want

HR Digest

Employers who offer financial wellness benefits, such as financial education, 401(k) contributions, or student loan repayment assistance, can attract and retain top talent while improving employee financial well-being. Paid Time Off (PTO) and Parental Leave These are also critical workplace benefits for employees.

401(k) 105
article thumbnail

Why employee wellness matters – and how it’s good for business

Insperity

Increased paid time off (PTO) and alternative forms of paid leave. Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. (Of course, this depends on their role and requires some parameters to be put in place.) Flexible schedules.

article thumbnail

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.

article thumbnail

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.

401(k) 118