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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

These voluntary programs provide mental health assessment, short-term counseling, app-based stress-relief tools, and other free services. Paid vacation and PTO. Such mindsets, however, worry some companies as they approach the middle of the year with large PTO balances sitting in employees’ banks.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Paid time off PTO allows employees to take breaks from their busy schedules and recharge. Post-pandemic, there has been a significant shift toward flexible benefits that emphasize work-life balance. These benefits provide personalized advice for all aspects of a person’s financial life.

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Employment Laws: Where Employees Work or Live – Ask #HR Bartender

HR Bartender

He accrued paid-time-off (PTO), but would not be eligible for it until he completed a 60-day introductory period. He is telling us that, due to California law, the company owes him the accrued PTO. This note deals with paid-time-off (PTO.) Is PTO treated generally like vacation time or like sick time?

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People over perks: Bridging employee benefits with strong HR

Insperity

“Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred.

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The impact of Dobbs on employer provided healthcare

Business Management Daily

Employees can access benefits provided through an employee assistance plan. You can increase the amount of time in all employees’ PTO banks. Employees can use health savings accounts to cover the cost and you can contribute to those, too. However, HSAs must be paired with high-deductible health plans.

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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?