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Employee Benefits Providers: What Employers Need to Know

Empuls

This not only highlights the importance of employee benefits in fostering loyalty and satisfaction but also underscores the potential risks for companies that fail to prioritize this aspect of their compensation strategy. What are employee benefits providers? This reduces the administrative burden on HR departments.

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Rethinking benefits and PTO in light of the COVID-19 crisis

Business Management Daily

Here’s a rundown of some of the employee benefits companies are taking a close look at in light of the COVID-19 situation: Healthcare. Obviously, HR personnel are fielding many questions regarding medical coverage, as it is vital for employees to keep abreast of how their insurance handles COVID-19 diagnostic testing and treatment.

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The impact of Dobbs on employer provided healthcare

Business Management Daily

What is medical care? Group health plans reimburse employees for their medical care. Medical care is defined in IRC § 213(d)(1) as: (A) The diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body. (B) ERISA’s definition of medical care is identical.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcare benefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.

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The Families First Coronavirus Response Act (FFCRA): What you need to know

Insperity

The FFCRA: Provides federally mandated emergency paid sick leave Expands the federal Family and Medical Leave Act (FMLA) and provides emergency provisions for coverage and eligibility Expands unemployment insurance benefits Provides employer tax credits to qualifying employers for certain costs related to the implementation of this law.

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Sick Leave in Massachusetts: What You Should Know

Genesis HR Solutions

Under the law, employers that already provide at least 40 hours of paid leave (sick leave, vacation leave, or paid time off) are not required to offer additional benefits provided they permit employees to use at least 40 hours per calendar year for the purposes covered under the law. Is PTO considered wages?

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Sick Leave in Massachusetts: What You Should Know

Genesis HR Solutions

Under the law, employers that already provide at least 40 hours of paid leave (sick leave, vacation leave, or paid time off) are not required to offer additional benefits provided they permit employees to use at least 40 hours per calendar year for the purposes covered under the law. Is PTO considered wages?