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Importance of Employee Benefit Package And Why it Matters

HR Digest

Paid time off banks covering vacation and sick leave 8. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Disability Insurance If the company would not provide worker’s compensation, then it is good to have disability insurance.

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs. So, medical, life and disability insurance and retirement plans. Don’t Break the Bank. Niche benefits matter.

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Prioritize Financial Well-being in the Workplace

Empuls

Source: Bank of America ) The heightened financial stress affecting employees' health and wellbeing profoundly impacts their organization's bottom line. While the insurance premium is discretionary, plans include regular check-ups and eye and dental coverage.

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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

Insurance Plans And Fringe Benefits. No matter the type of insurance- be it life insurance, health insurance, disability insurance or retirement benefits- it heads the list of “must be provided” employee benefits.

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Take these steps to start building an employee benefits program that won’t break the bank. Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). Life insurance premiums are typically affordable for most businesses.

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Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

For example, your country’s laws might mandate you to provide health and disability insurance. Key components of an employee benefits package Major components of an employee benefits package include health insurance, retirement plans, and Paid Time Off. Life insurance basically covers post-death expenses of an employee.

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

Vantage Circle

Disability Insurance: Protecting Income During Life’s Unexpected Turns Accidents and illnesses can disrupt financial stability. Offering disability insurance ensures employees are protected if they can’t work due to medical reasons. Ideas: Offer both short-term and long-term disability coverage.