Employee Benefits

OCTOBER 24, 2023

Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefits packages , according to new research. They should take steps to keep people engaged, supported and happy; offering benefits that are meaningful to the individual’s specific situation will help here.

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Benefits Package Salary Pension Health Insurance 118

CorpStrat

JULY 24, 2024

As open enrollment season approaches, most companies are looking to enhance their benefits packages without breaking the bank. Voluntary benefits offer an excellent solution, providing added value to employees, at little to no cost for employers. Ask your CorpStrat representative about voluntary benefits for your team.

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Voluntary Benefits Benefits Package Banking Health Insurance 97

InterWest Insurance Services

AUGUST 30, 2022

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. ‘Must-have’ benefits.

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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.

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401(k) Health Insurance Insurance Voluntary Benefits 90

InterWest Insurance Services

DECEMBER 28, 2021

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. Fortunately, employers can help by offering their workers voluntary hospital indemnity insurance that can provide peace of mind in case they have a serious medical episode.

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Voluntary Benefits Hospitality Insurance Out of Pocket Cost 91

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.

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PeopleKeep

OCTOBER 17, 2021

However, not offering health benefits ends up costing more in the long run as employees look elsewhere for jobs with better benefits packages. Fortunately, there are more small business health benefits options today than ever before that serve as affordable alternatives to traditional group health insurance.

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Insperity

APRIL 29, 2021

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 percent, according to Mercer’s National Survey of Employer-Sponsored Health Plans. In 2021, employer expenses for health insurance are expected to rise by 3.9

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Employee Benefits Health Insurance Insurance Benefits Package 128

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. Depending on the type of benefits your organization offers, it may be worthwhile to cast them in the framework of total compensation.

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Employee Benefits Family and Medical Leave Act 401(k) Retirement Plan 245

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.

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Employee Retention Paid Vacation Health Insurance Employee Recognition 184

Fringe Benefit Analysts

AUGUST 15, 2023

Without insurance, dental care can be very expensive and it may even be a barrier to accessing care. Staying on top of your oral health is actually a big part of your overall wellbeing, so having insurance to cover the cost of those bi-annual visits and basic dental treatments is essential. Why Is Dental Health Important?

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Insurance IT Out of Pocket Cost Health Insurance 98

Higginbotham

JANUARY 27, 2023

They want to be fairly compensated for their work, and that usually involves both wages and employee benefits. 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. Health insurance matters to employees.

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Achievers

NOVEMBER 29, 2024

Competitive compensation and Benefits: Regularly reviewing salaries, providing comprehensive benefits packages , and offering perks such as health insurance, retirement plans, and stock options demonstrate the company’s commitment to employee well-being and financial security.

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Bonuses Retirement Plan Health Insurance Benefits Package 218

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.

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Health Insurance Insurance Disability Insurance Benefits Package 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.

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Benefits Package Health Insurance Insurance Employee Benefits 98

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?

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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.

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Higginbotham

FEBRUARY 21, 2023

You’re reading your health insurance policy and come across a coinsurance clause. Here’s what you need to know about this common insurance term. This is called cost sharing, and it’s common in many types of insurance. Cost sharing helps insurance companies and policyholders achieve certain goals.

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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. There’s no one-size-fits-all answer.

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Benefits Package Family and Medical Leave Act Health Insurance PTO 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.

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Health Insurance Employee Wellness Insurance Benefits Package 52

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.

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Health Insurance Benefits Package Insurance Employee Benefits 98

Higginbotham

OCTOBER 5, 2023

In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. To stay ahead in the talent acquisition game, business owners and managers must consider innovative employee benefits that go beyond the basics.

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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.,

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

Patriot Software

JUNE 14, 2024

Benefits matter to 81% of employees, which means your benefits package is an important recruitment and retention tool. From traditional benefits, like health insurance, to newer benefits, like student loan repayment, you’re always looking for the next best thing. What is EAP, exactly?

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Health Insurance Benefits Package IT Insurance 88

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. But don’t fret, getting something that everyone likes into your package is not too expensive, particularly if you are offering voluntary benefits to which you may or may not contribute as an employer.

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Empuls

MAY 8, 2023

Some of these benefits are mandatory by law, such as Health insurance in America. Beyond the legal and discretionary benefits, there’s a new third wheel - personalized benefits. For example, your country’s laws might mandate you to provide health and disability insurance.

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Benefits Package Employee Benefits 401(k) Retirement Plan 52

Best Money Moves

AUGUST 18, 2021

Multigenerational workforces pose a unique challenge for employers and HR teams: How do you build a benefits package that’s equally attractive to all members of your workforce, when your team members are at radically different stages of their lives? Accessible and comprehensive health benefits.

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Health Insurance Health Savings Account Insurance Benefits Package 111

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.

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Business Management Daily

SEPTEMBER 29, 2021

Open enrollment is an important period for employees to make changes to their benefits enrollments including their health insurance plan selection. The federal health insurance marketplace, created by the Affordable Care Act to provide affordable health insurance to uninsured Americans, can be accessed at healthcare.gov.

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Health Insurance Insurance Healthcare 401(k) 104

Hppy

NOVEMBER 26, 2024

This is where having a well-structured benefits package can be invaluable for businesses. Know What Your Ideal Job Candidate Is Looking For Before you can begin structuring an optimal benefits package, you’ll want to spend the time understanding exactly what your ideal job candidate is looking for.

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Benefits Package 401(k) PTO Health Insurance 36

PeopleKeep

MAY 18, 2022

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. In recent years education benefits have become one of the most in-demand employee benefits options alongside wellness programs.

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Education Retirement Plan Health Insurance Benefits Package 97

InterWest Insurance Services

JULY 20, 2022

It always takes more time than usual to onboard new employees — particularly ones who are new to the workforce altogether — to your employee benefits plans. If you can help them avoid amassing medical debt, and if they can get the most out of their benefits, you can increase worker satisfaction and retain key talent.

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Education 401(k) Deductible Deductions 92

Higginbotham

AUGUST 13, 2024

workers postpone health care needs because they’re worried about cost, even if they have health insurance. Medical care can be expensive, and group health insurance isn’t always enough. What is hospital indemnity insurance? The policy pays a benefit if the insured is hospitalized.

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Hospitality Insurance Voluntary Benefits Benefits Package 52

HR Digest

MAY 29, 2023

Some of the mandatory fringe benefits that employers are required to provide: Health insurance The health care plans cover visits to primary care physicians, specialist doctors, and emergency care. Anything less than 50 full time employees , does not warrant mandatory provision of health insurance under the ACA.

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Family and Medical Leave Act Paid Vacation Health Insurance Benefits Package 98

Benefit Resource Inc.

JANUARY 16, 2024

An excellent benefits package is one important component that is vital to this effort. The Significance of a Well-Designed Benefits Package: A well-designed benefits package goes above and above to establish a work environment that fosters financial security and well-being.

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Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

CorpStrat

NOVEMBER 17, 2021

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. In prior years, companies slimmed down their benefits and increased their cost-share to employees.

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HR Lineup

OCTOBER 21, 2024

Best For: HR professionals, benefits administrators, and financial advisors focused on retirement planning. Health Insurance Associate (HIA) The Health Insurance Associate (HIA) certification is offered by America’s Health Insurance Plans (AHIP).

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401(k) Employee Benefits Retirement Plan Health Savings Account 65