InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductible 96

Employee Benefits

AUGUST 7, 2024

“Previously there has been some confusion about whether employers should operate a manual P46/P11D process to notify HMRC of car benefits specifically, or payroll the benefit impacting how much tax is paid and how much pay employees take home,” she says.

Payroll System 59

Payroll System Taxes Payroll Take Home Pay 59

Insperity

AUGUST 10, 2011

Employees aren’t going to opt in to a medical plan that cuts far into their take-home pay. Knowing how much you’re going to pay and how much your employees are willing to pay will help you set a baseline cost. A strict or limited budget may mean sacrificing some benefits. PPOs vs HMOs.

Health and Welfare 40

Health and Welfare Deductible Deductions Out of Pocket Cost 40

Abel HR

JUNE 18, 2020

Sure, the dollar figure is important, but some folks really value the extras and can assign dollar values to these perks, especially their health insurance contributions and other deductibles to get a clearer picture of what their take home pay will be and how it might stack up against their current compensation or other offers they may be weighing.

Salary 52

Salary Health Insurance Take Home Pay Bonuses 52

Empuls

JULY 11, 2023

In this blog, we will discuss tax free or non taxable employee benefits. tax free benefits are those that provide financial advantages for both employees and employers by avoiding certain taxes and deductions. Additionally, employers can benefit from tax deductions or exclusions for providing these benefits.

Employee Benefits 40

Employee Benefits roth 401(k) Flexible Spending Account 401(k) 40