InterWest Insurance Services

AUGUST 30, 2022

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. ‘Must-have’ benefits. . ‘Must-have’ benefits.

Benefits Package 98

Benefits Package 401(k) Disability Insurance Health Insurance 98

Insperity

MARCH 29, 2022

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

Health Insurance 97

Health Insurance Insurance Insurance Carriers Education 97

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. “A multi-generational workforce is a huge benefit for companies,” said Liz Ahmed, executive vice president of People and Communications at Unum.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

Achievers

APRIL 23, 2015

Here are 3 practical ways to start: Offer a generous and unique benefit package. In today’s employment market, individuals are also placing a high value on the benefits an employer offers. Competitive wages will always be an important factor in retaining high-quality employees.

Employee Retention 198

Employee Retention Paid Vacation Employee Recognition Health Insurance 198

Qandle

JULY 10, 2024

Professional Employer Organizations (PEOs) have emerged as a strategic solution for managing human resources effectively. What is Professional Employer Organization (PEO)? What is Professional Employer Organization (PEO)? This helps small businesses offer competitive benefits packages.

Professional Employer Organization 105

Professional Employer Organization Employment Benefits Package Payroll 105

Insperity

APRIL 29, 2021

There’s no getting around it – employers pay a hefty sum to provide health care benefits for their employees. The average private-sector employer spends an average of $2.65 per hour, per employee, for health-insurance costs, according to Sept. Wondering how to contain the cost of employee benefits?

Employee Benefits 128

Employee Benefits Health Insurance Insurance Benefits Package 128

PeopleKeep

JUNE 2, 2021

For many small employers, offering a competitive health benefit to employees can be a real challenge. This is especially true when there are larger competitors in the industry offering higher salaries and even more robust benefits packages.

Health Insurance 72

Health Insurance Insurance Benefits Package Salary 72

Achievers

JUNE 6, 2022

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Today’s workforce is experiencing a new level of empowerment, and that comes with high expectations potential employers need to meet.

Employee Benefits 266

Employee Benefits Family and Medical Leave Act 401(k) Retirement Plan 266

Money Talk

AUGUST 18, 2022

Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g., total benefits package) ¨ enhance workers’ financial security and health (e.g., health insurance) ¨ improve employee morale (e.g., Like vacation time.

Family and Medical Leave Act 186

Family and Medical Leave Act Employee Benefits Paid Vacation Paid Sick Leave 186

InterWest Insurance Services

JULY 13, 2023

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% ” At the same time the labor market is still very tight, requiring businesses to continue offering attractive pay and benefit packages. .” copay plan). copay plan).

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

InterWest Insurance Services

DECEMBER 26, 2024

The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs. after rising 8.3% the year prior.

Employment 98

Employment Pharmaceutical Medical Health Insurance 98

Business Management Daily

SEPTEMBER 15, 2021

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

PeopleKeep

AUGUST 10, 2022

While it’s tempting for small and midsize employers to cut corners on their employee benefits to save on costs, a quality and personalized benefits package is necessary to set your organization apart from others. See what fringe benefits you can offer in your benefits package for open enrollment in our complete guide.

Benefits Package 98

Benefits Package Health Insurance Insurance Employee Benefits 98

InterWest Insurance Services

DECEMBER 10, 2024

The percentage of employers who are covering new and trendy weight-loss drugs has risen in 2024, continuing a trend of increasing coverage despite the costs, according to a new survey. And, as costs continue rising on average 5.25% in 2024, employers are taking a number of steps to manage costs. after rising 8.3% the year prior.

Employment 97

Employment Pharmaceutical Medical Health Insurance 97

PeopleKeep

OCTOBER 17, 2021

The rising costs of healthcare aren’t just a problem for individuals—they’ve also impacted businesses that make health benefits a priority for their employees. According to survey data from the Kaiser Family Foundation , 98% of employers feel that the high costs of offering healthcare to their employees is excessive.

Health Insurance 52

Health Insurance Insurance Benefits Package Healthcare 52

PeopleKeep

MARCH 14, 2022

Many organizations provide a health savings account (HSA) to their employees to offset rising healthcare costs. While HSAs are employee-owned accounts, many employers wonder if they can contribute to their employees’ HSAs, and—if so—how much. Employers aren’t required to contribute to their employees’ HSAs, but many choose to do so.

Health Savings Account 98

Health Savings Account Employment Benefits Package Healthcare 98

PeopleKeep

AUGUST 27, 2021

While SMBs are the reason millions of Americans are able to take home a paycheck, many owners aren’t able to offer their staff a full employee benefits package, including health insurance. Because of these challenges, SMBs have to approach buying health benefits differently. employing 47.1%

Health Insurance 98

Health Insurance Benefits Package Insurance Employee Benefits 98

Vantage Circle

AUGUST 17, 2020

If you have not asked that question yet, then think and give it a thought about how you can make your benefits package an attractive one. In this article, we will be discussing improving your benefits package that your employees will surely love. Advantages of a competitive employee benefits package.

Benefits Package 52

Benefits Package Employee Benefits Paid Leave Health Insurance 52

Higginbotham

JANUARY 27, 2023

Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile. ALEs are subject to certain health care reporting requirements. ALEs are subject to certain health care reporting requirements.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 52

Insperity

AUGUST 25, 2020

What can you do to stand out during unpredictable times and show that you’re an employer of choice – and will continue to be one, come what may? What’s an employer of choice? When you’re an employer of choice, you’re an organization that people have a strong desire to work for. What being an employer of choice looks like.

Employment 99

Employment PTO Flexible Spending Account Health Savings Account 99

Empuls

MAY 8, 2023

And this same change cuts through how employers manage their employees, what benefits to offer, and more dynamic strategies to use when recruiting more hands from the talent pool. Some of these benefits are mandatory by law, such as Health insurance in America. So let’s see what they are all about.

Benefits Package 52

Benefits Package Employee Benefits 401(k) Retirement Plan 52

Benefit Resource Inc.

JANUARY 16, 2024

Organizations are continuously looking for strategies to draw in and keep top talent in the highly competitive employment market of today. An excellent benefits package is one important component that is vital to this effort. Contributions to HSAs are tax-deductible, reducing both employee and employer tax liabilities.

Benefits Package 52

Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

Best Money Moves

AUGUST 18, 2021

It’s no secret that employees of different generations expect different kinds of support from their employers. Here are the three benefits to satisfy all members of your multigenerational workforce. . Accessible and comprehensive health benefits. Accessible and comprehensive health benefits.

Health Insurance 111

Health Insurance Health Savings Account Insurance Benefits Package 111

InterWest Insurance Services

DECEMBER 28, 2021

Most employers offer major medical coverage to their full-time employees. For example, even with insurance, treating a broken leg or undergoing emergency appendicitis surgery can mean thousands of dollars in out-of-pocket medical costs. Hospital indemnity insurance. even for people with health insurance.

Voluntary Benefits 98

Voluntary Benefits Hospitality Insurance Out of Pocket Cost 98

PeopleKeep

OCTOBER 30, 2024

Providing affordable health insurance to employees can boost your benefits package and help you recruit qualified full- and part-time workers. And yet, while 89% of full-time workers have health coverage from their employers, only 26% of their part-time counterparts do 1.

Health Insurance 52

Health Insurance Insurance Benefits Package Recruitment 52

Hppy

NOVEMBER 26, 2024

They’re looking for added security and employers who truly value the contributions they make. This is where having a well-structured benefits package can be invaluable for businesses. To do this, you’ll want to spend time researching what other companies are typically offering in their benefits package.

Benefits Package 36

Benefits Package 401(k) PTO Health Insurance 36

Higginbotham

JUNE 5, 2023

One question in particular comes up a lot: Do small businesses have to provide health insurance? For very small businesses, health insurance is often optional. Back to the main question at hand: Do these small businesses have to provide health insurance to their employees? The answer is it depends.

Health Insurance 52

Health Insurance Insurance Disability Insurance Benefits Package 52

CorpStrat

NOVEMBER 17, 2021

The pandemic has changed so much for employers. Now that we’ve got something close to a new normal, the demand for employers to build robust benefit packages is even more challenging given the difficult climate we have in attracting and attaining people. Benefit Packages. Benchmarking. Purposefulness.

Benefits Package 52

Benefits Package Health Insurance Taxes Health 52

Higginbotham

AUGUST 10, 2023

An employee wellness program is a driver of success and sustainability for any organization in any industry, and the core of an effective strategy for employee wellness is comprehensive health insurance coverage. Large companies are making wellness program investments for the benefit of both employer and employee.

Health Insurance 52

Health Insurance Employee Wellness Insurance Benefits Package 52

BerniePortal

JANUARY 30, 2020

Your company's benefits package might make or break consideration for potential hires looking to you for a job. Did you know that a survey found that 57% of job seekers say that benefits are one of the top factors they scrutinize before accepting a job offer? Were you aware that we have a health savings account?

Benefits Package 52

Benefits Package Recruitment Health Savings Account Health Insurance 52

PeopleKeep

MAY 18, 2022

With an increasingly tight job market, employers are looking for new ways to attract and retain employees. While more traditional benefits like group health insurance and retirement plans are still great options for your employee benefits package , priorities for job candidates have changed.

Education 97

Education Retirement Plan Health Insurance Benefits Package 97

Genesis HR Solutions

SEPTEMBER 21, 2021

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. What is the best way to provide insurance? Should you provide insurance at all? Why Health Insurance For Small Businesses Matters. Finding it a challenge to offer great benefits?

Health Insurance 52

Health Insurance Insurance 401(k) Insurance Carriers 52

Best Money Moves

JUNE 1, 2022

Here’s how employers can support their teams cope with inflation with the right benefits choices. . Luckily, there are methods employers can use to help employees weather this period. Here are 5 benefits employers can use to help employees cope with inflation. Improved Retirement Benefits.

401(k) 115

401(k) Out of Pocket Cost Benefits Package Finance 115

InterWest Insurance Services

SEPTEMBER 23, 2024

One of the most underused employee benefits available is the “cafeteria” plan ― which can benefit both the employer and the employee. The benefits are free from federal and state income taxes, employees’ taxable income is reduced and that means that employers don’t have to pay FICA on those dollars.

Flexible Spending Account 94

Flexible Spending Account Benefits Package Deductible Deductions 94

InterWest Insurance Services

JUNE 16, 2022

One in five workers surveyed said that health care and health insurance are a major factor when deciding to accept a job, compared with only 13% of human resources executives, according to the “2022 Health at Work” survey by Quest Diagnostics. That should be a wake-up call for employers.

401(k) 98

401(k) Health Insurance Health Savings Account Human Resources 98

InterWest Insurance Services

MARCH 14, 2024

Because of this, employers have to be crafty in how they set up their benefits packages so that they address these various needs. This is crucial for any company that is competing for talent with other employers in a tight job market.

Voluntary Benefits 98

Voluntary Benefits Benefits Package Insurance Health Insurance 98

HR Lineup

APRIL 11, 2023

Employment is a significant part of our lives, and it comes with various benefits and perks. One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time.

Retirement Plan 98

Retirement Plan Health and Welfare Health Insurance Benefit Providers 98