WEX Inc.

SEPTEMBER 7, 2023

Illustrate how pre-tax contributions lead to significant savings over time, effectively reducing the impact on take-home pay. Provide clear comparisons that highlight the unique advantages of each account, such as immediate tax savings with an FSA, or long-term investment potential with an HSA. Drive wellness that works Get your guide.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Flimp Communications

MAY 21, 2020

Telehealth has crept up here and there over the last few years, mostly as a flashy perk of certain benefits packages. Then there are those who are losing many of their health benefits, like employees who have been laid off. Health Benefits Adjusting to Offer Telehealth.

Healthcare 98

Healthcare Benefits Package Medical Technology 98

Benefit Resource Inc.

APRIL 4, 2024

As an employer or HR manager, you’re constantly seeking ways to enhance your employee benefits package, ensuring it not only attracts top talent but also supports their financial well-being throughout their careers and into retirement. One often-overlooked gem in the world of benefits is the Health Savings Account (HSA).

401(k) 52

401(k) Retirement Plan Benefits Package Deductible 52

WEX Inc.

JULY 20, 2023

In the first post of this year’s open enrollment series, we break down some of the common feedback we received from those who said their benefits options were lacking so you can build the best benefits package going into your open enrollment. It is not legal, financial, or tax advice. Dental program is not very good.”

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

Benefit Resource Inc.

MAY 15, 2024

Leveraging HSA funds can be a game-changer for organizations looking to improve benefits packages and encourage financial wellness among employees. Understanding the HSA Advantage HSAs are tax-advantaged savings accounts specifically designed to help individuals save for medical expenses.

Health Savings Account 52

Health Savings Account Healthcare Benefits Package Taxes 52

Flimp Communications

MARCH 4, 2020

What employers offer for insurance and benefits packages is crucial for long-term financial wellness as retirement accounts and employer contributions come into play. Before making an investment in fancy financial tech, you have to understand what your employees need. Ask what they’re struggling with.

401(k) 81

401(k) Financial Counseling Benefits Package Finance 81

Employee Benefits

MAY 6, 2024

Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. They can then use that information to improve their benefits offering in the future.

Voluntary Benefits 59

Voluntary Benefits Benefits Package Net Pay Retail 59

WEX Inc.

MAY 8, 2024

From the rising costs of healthcare and benefits packages to retaining and recruiting to helping employees understand their benefits to the ever-changing regulatory landscape, HR teams face many challenges that present obstacles to organizational success. But what incentives resonate most with employees?

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52

Empuls

OCTOBER 30, 2024

Employees at John Lewis look forward to the announcement of the annual bonus, which varies based on company profits, fostering a collective effort to make the business thrive. " Employees can earn extra days off when they reach specific wellness goals or milestones throughout the year. Are staff bonuses taxable? 

Bonuses 52

Bonuses Employee Recognition Commissions Salary 52

Benefit Resource Inc.

FEBRUARY 21, 2024

In today’s dynamic workplace landscape, employers are realizing that fostering employee well-being extends far beyond traditional compensation packages. The Health, Wealth, Wellness Triangle has emerged as a framework that acknowledges the interconnectedness of personal health, financial stability, and overall wellness.

Health Savings Account 52

Health Savings Account Out of Pocket Cost Deductible Deductions 52

Business Management Daily

APRIL 29, 2024

Deductibles can be paid with tax-advantaged/tax-free spending accounts funded by employees and employers. Matching or exceeding funds for an employee’s HSA is also a fringe benefit. Let IRS Publication 15-B be your tax guide to fringe benefits.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductible 84

Benefit Resource Inc.

FEBRUARY 7, 2024

Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses. Traditionally associated with healthcare expenses, HSAs can play a crucial supplementary role in retirement savings due to their preferential tax treatment.

Health Savings Account 52

Health Savings Account Healthcare Deductible Deductions 52

WEX Inc.

JANUARY 11, 2023

HR teams have been focused on crucial tactics to retain their best employees in light of significant disruption. They’re improving employee wellness , boosting their employee benefits packages, and offering flexible work arrangements. It is not legal or tax advice. The Great Resignation.

Insurance Carriers 52

Insurance Carriers Human Resources Taxes Benefits Package 52

Higginbotham

OCTOBER 13, 2023

especially as employers look at options beyond standard benefits packages to help improve recruitment, retention and turnover. Health Savings Accounts (HSAs) are owned by the employees, so the funds are portable and unused funds do not expire. Lifestyle Spending Accounts can help employers round out their benefits programs.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Higginbotham

OCTOBER 5, 2023

Competitive advantage can also come from creativity in putting together a benefits package. Basic Benefit Packages are No Longer Competitive Not long ago, a more competitive benefits package might have included health insurance and a 401(k) plan , plus dental and vision insurance.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Vantage Circle

AUGUST 23, 2018

When employees will be weak but still have to work, it will directly affect their productivity and efficiency. So creating a policy where they can avail paid sick leaves is a great way to show that you care for your employees’ well being. It is a compensation program to award eligible employees a share of the company’s profits.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

WEX Inc.

SEPTEMBER 5, 2023

Keep reading this blog post to learn four reasons why offering benefits is challenging for small business owners and what they can do to overcome these challenges. Budget The challenge: Offering the best benefits package is going to require a certain amount of budget. Want to learn more about how you can support your employees?

Health Savings Account 52

Health Savings Account Taxes Education 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. Employee wellness programs Especially since the COVID-19 pandemic, employee wellness programs have skyrocketed in popularity.

Family and Medical Leave Act 59

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

Vantage Circle

SEPTEMBER 11, 2023

For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. This can help employers tailor their benefits packages to meet their employees' specific needs and preferences. Wellness integration, employee well-being, health.

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

Flimp Communications

SEPTEMBER 12, 2024

These documents are mandated by federal and state employment and tax regulations. Form W-4: Employee’s Withholding Certificate All U.S. employees must also complete form W-4, which tells the employer how much to withhold from the employee’s pay for federal income tax. Company-specific guides.

Taxes 52

Taxes Life Insurance Flexible Spending Account Banking 52

Empuls

JUNE 16, 2023

The purpose of providing meal allowances is to ensure that employees have access to nutritious meals while engaged in business activities, whether traveling for work, attending conferences or meetings, or working overtime. This contributes to their physical well-being and enhances their overall job satisfaction and productivity.

Taxes 40

Taxes Food Utilities Consulting 40

Vantage Circle

AUGUST 23, 2018

When employees will be weak but still have to work, it will directly affect their productivity and efficiency. So creating a policy where they can avail paid sick leaves is a great way to show that you care for your employees’ well being. It is a compensation program to award eligible employees a share of the company’s profits.

Employee Benefits 45

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 45

Empuls

DECEMBER 17, 2024

This statistic underscores the significance of benefits in employee satisfaction and retention.    Several companies have set benchmarks in offering exceptional employee benefits, one of which is Salesforce.   This commitment has contributed to high employee satisfaction ratings.

Employee Benefits 40

Employee Benefits Health Insurance 401(k) Retirement Plan 40

Empuls

FEBRUARY 26, 2024

Salesforce , for example, has not only implemented comprehensive mental health programs but also appointed a Chief Equality Officer to champion employee well-being, including mental health initiatives. These plans often provide employees with more control over their healthcare expenses and offer tax advantages.

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Benefits Package 40

Bayzat

FEBRUARY 7, 2024

Enhancing Employee Experiences Employee experience is paramount in today’s competitive market. HR tech empowers businesses to create personalized experiences for their workforce, from tailored training programs to flexible benefits packages. Driving Growth At its core, HR tech is a growth enabler.

Technology 52

Technology Payroll Insurance Recruitment 52

Empuls

SEPTEMBER 28, 2023

The employee discount scheme in the UK is generating quite the buzz in the market and for all the right reasons. 78 percent of employees agree that the benefits package, including discount schemes, helps them accept or reject a job. However, if the discount exceeds certain thresholds, there might be tax implications.

Employment 40

Employment Retail Health and Welfare Food 40

Bayzat

SEPTEMBER 26, 2023

Inaccurate tax-related documentation and prolonged resolution times can cause significant inconvenience and compliance issues for businesses. With its intuitive interface, you can calculate salaries, taxes, and deductions effortlessly, minimizing errors and reducing administrative burden. Bayzat presents some intriguing alternatives.

Payroll 52

Payroll Deductible Deductions Software 52

Professionals Alternative

JANUARY 19, 2024

A bilingual HR manager brings a unique advantage in this regard, as they can effectively communicate with employees in their preferred language and ensure that their payroll and benefits questions are addressed promptly and accurately. They can also ensure that proper documentation is completed and reported as required by law.

Management 52

Management Family and Medical Leave Act Recruitment Payroll 52

Professionals Alternative

JANUARY 4, 2024

A bilingual HR manager brings a unique advantage in this regard, as they can effectively communicate with employees in their preferred language and ensure that their payroll and benefits questions are addressed promptly and accurately. They can also ensure that proper documentation is completed and reported as required by law.

Management 52

Management Family and Medical Leave Act Payroll Human Resources 52

Empuls

JUNE 21, 2024

Some examples of defined contribution plans include 403(b) plans, 401(k) plans, employee stock ownership plans, and profit-sharing plans. In fact, 25% of employees, revealed the PwC Employee Wellness Survey , have shared that financial wellness benefits are the most desirable perk offered by employers.

401(k) 40

401(k) Retirement Plan Pension roth 401(k) 40

Vantage Circle

SEPTEMBER 23, 2023

Employee benefits are crucial for successful organizations in today's fast-paced business world. Attracting And Retaining Talent: Employee benefits are a powerful tool for attracting top talent and retaining experienced employees. And if your employees don't feel valued, neither will your customers."

Family and Medical Leave Act 59

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

Vantage Circle

FEBRUARY 26, 2025

You’re competing with larger companies that often have bigger budgets, more resources, and well-established reputations. But there’s one area where you can make a huge impact—your employee benefits package. Specific tax implications can vary based on jurisdiction and specific benefit structures.

Family and Medical Leave Act 59

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

cipHR

FEBRUARY 27, 2025

Why you should keep up with the latest employee benefits trends To enhance talent attraction, retention, and the overall employee experience, you need to keep up with the latest benefits trends. The tech: AI-driven platforms can analyse employee data to offer these personalised benefits.

Technology 52

Technology Employee Benefits Benefits Package Parental Leave 52

WEX Inc.

JANUARY 22, 2025

Lifestyle spending accounts (LSAs) offer you a way to provide a personalized and flexible benefit to support employees mental, physical, and financial wellness needs. Furthermore, they are post-tax accounts, so employers can easily control how you want your LSA to be designed. It is not legal or tax advice.

Taxes 52

Taxes Benefits Package Education Utilities 52

Business Management Daily

FEBRUARY 24, 2025

Organizations have begun using AI tools to: Spot skills gaps and provide targeted training: AI can analyze employee data to spot where development is needed and then recommend personalized onboarding/training to address those gaps. Government support: Reentry initiatives are often eligible for grant funding and tax benefits.

Technology 64

Technology Human Resources Employee Retention Government 64