Benefit Resource Inc.

JANUARY 7, 2021

As an employer, you want your benefits package to be a one-stop-shop for your employees. Not only will a comprehensive benefits package keep your current employees happy, but it will help you attract new talent. We’re here to let you in on a secret to help you kick your benefits up a notch. Post-deductible.

Benefits Package 40

Benefits Package Comprehensive Benefits Deductible Deductions 40

Employee Benefits

MAY 29, 2023

However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive work experience overall. So what constitutes a good employee benefits package?

Salary 98

Salary Employee Benefits Disability Insurance Pension 98

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. 16+ types of employee benefits you should consider. Below, we’ve loosely categorized these types of employee benefits and given a basic definition of each.

401(k) 98

401(k) Employee Benefits roth 401(k) Disability Insurance 98

Insperity

JANUARY 27, 2022

Some states may also tax fringe benefits, so be sure to check with your state tax authority before designing a fringe benefits package. Examples of taxable fringe benefits include: Non-business use of company cars Cash (bonus pay) Gym memberships Paid personal time off. Must all employees receive the same benefits?

Employment 98

Employment Taxes Health Savings Account Benefits Package 98

Empuls

DECEMBER 24, 2024

The evidence strongly supports that staff benefits are not merely perks but essential components of a successful employee engagement strategy. Companies that prioritize comprehensive and well-communicated benefit packages will likely see enhanced job satisfaction, reduced turnover, and improved productivity among their workforce. 

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

Higginbotham

OCTOBER 14, 2022

Disability Insurance and Life Insurance. Health insurance is a key element of any employee benefits package, but small business owners should consider offering other benefits as well. Life insurance is a popular choice. Disability insurance is another popular option.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Fringe Benefit Analysts

MAY 8, 2022

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. These tools simplify matters and reduce the amount of paperwork necessary to move forward with an insurance vendor.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Higginbotham

NOVEMBER 2, 2023

Financial wellness benefits can help employees tackle their money challenges. However, there are many types of personal financial wellness benefits, each catering to unique needs. When creating your organization’s financial wellness benefits package, consider the specific financial challenges impacting your employees.

401(k) 52

401(k) Disability Insurance Benefits Package Insurance 52

Higginbotham

MARCH 2, 2023

Group disability insurance benefits are provided by employers, often on a voluntary basis. The employer may pay for the premiums, or the employee may pay, often via payroll deductions. A benefits package that includes private disability insurance can support your employee recruitment and retention strategies.

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Benefits Package 52

Insperity

MARCH 12, 2024

Launching a successful benefits program in your workplace calls for a savvy employee benefits strategy. Here, we’ll cover everything you need to know about employee benefits. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Business Management Daily

MARCH 21, 2022

These funds may be deducted on a pre-tax basis depending on the type of 401(k) plan. A 401(k) is a fairly standard piece of a full employee benefits package. Employers can also deduct contributions to employee 401(k)s on their company’s federal income tax return within approved limits. Types of 401k Plans.

401(k) 52

401(k) roth 401(k) Retirement Plan Deductible 52

Higginbotham

JULY 12, 2022

Employees may face uncovered costs in numerous ways: They have to pay a share of the premium for insurance. They have to pay a deductible. HSAs are designed to work with high deductible health plans, and both the employer and the employee may contribute up to the annual contribution limit. HRAs are owned by the employer.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductible 52

Higginbotham

MAY 21, 2024

Mental Health Coverage and Parity Under the Mental Health Parity and Addiction Equity Act , most group health plans and health insurance issuers are required to offer mental health benefits that are no more restrictive than medical and surgical benefits in terms of financial requirements and treatment limitations.

Health Savings Account 52

Health Savings Account Health Insurance Financial Counseling Disability Insurance 52

Genesis HR Solutions

APRIL 23, 2020

Before you can let your new hires choose what benefits they’d like, you must first define the type of benefits you’re administering and which employees are eligible to receive them. Types of benefits include: Health and welfare benefits: Typically medical, dental, vision, disability, and life insurance products.

Health and Welfare 52

Health and Welfare Electronics 401(k) PTO 52

Empuls

APRIL 22, 2024

  Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. Comprehensive employee benefit packages are increasingly becoming a deciding factor in job satisfaction and happiness. 

Employee Benefits 40

Employee Benefits Family and Medical Leave Act Benefits Package Health Insurance 40

Business Management Daily

APRIL 25, 2024

Let’s talk about the different types of fringe benefits and how employers can make the most of them. Taxable vs. Non-taxable Benefits are always tax-deductible, aren’t they? Employees can be taxed on some high-value benefits when they are considered part of the employee’s compensation package.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

Genesis HR Solutions

NOVEMBER 11, 2021

At GenesisHR, we give small businesses and nonprofits like yours access to a portfolio of benefits you could not get on your own—Fortune 500 benefits, health insurance with Blue Cross Blue Shield of Massachusetts , and more. Read more about the benefits packages and insurance offerings you could get if you partner with Genesis.

Payroll 52

Payroll Insurance Comprehensive Benefits PTO 52

Vantage Circle

JANUARY 30, 2022

In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years. So, to retain, engage, and motivate your workforce, you must create an agile benefits package that has a mix of taxable and non-taxable benefits. Which Benefits Are Considered Taxable?

Employee Stock Option 52

Employee Stock Option Taxes Paid Vacation Life Insurance 52

Vantage Circle

FEBRUARY 26, 2025

But there’s one area where you can make a huge impact—your employee benefits package. Offering a robust employee benefits package isn’t just a luxury; it’s a transformative strategy. found that 57% of employees consider benefits and perks among their top considerations before accepting a job.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits Disability Insurance Benefits Package 59

CorpStrat

FEBRUARY 10, 2025

Hybrid Policies These combine life insurance or annuities with LTC benefits, allowing you to use the funds for care or leave a death benefit if unused. State-Sponsored Programs Some states (like Washington and California) are exploring mandatory LTC tax programs, making private insurance even more attractive.

Insurance 52

Insurance Taxes Life Insurance Health Insurance 52