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The company is headquartered in Salt Lake City, Utah, and was founded in 2011 with the goal of helping businesses provide quality, affordable health benefits to their employees. The PeopleKeep platform offers customizable benefits solutions for businesses of all sizes. Another benefit of using PeopleKeep is the flexibility it offers.
According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefitspackage next year. This projection shows the benefits trends in use and utilization of financial wellness programs among employees.
Offering a QSEHRA lets you deliver healthcare savings for your employees, which could pay off as a retention and recruitment tool as you grow your business. A QSEHRA is a tax-advantaged benefits plan funded by the employer that employees can tap into to pay for eligible expenses. It is not legal or tax advice.
The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcarebenefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.
Along with healthcarebenefits, tax-advantaged spending and savings accounts and post-tax lifestyle accounts are key components of a top-tier benefitspackage. The post Benefit accounts can help you attract and retain top talent appeared first on Financial insights for individuals and businesses.
As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefitspackage and a host of other sensitive human resources (HR) and administrative tasks. How are healthcarebenefits funded?
Beyond being a traditional healthcarebenefit, HSAs provide a win-win situation for both employers and employees. 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.
Healthy employees are not only happier and more productive but also contribute to lower healthcare costs for both themselves and their employers. HSAs enable employees to save pre-tax dollars for qualified medical expenses, including deductibles, copayments, and other out-of-pocket costs.
Being able to offer a comprehensive benefitspackage that goes beyond traditional medical, dental and vision plans is one way we can help them differentiate themselves,” said PeopleStrategy CEO, Randy Cooper.
In an EBRI survey, it was found that the employee benefitspackage holds significant importance for job seekers, with 78% indicating that it greatly influences their decision to either accept or decline a job offer. The Bill & Melinda Gates Foundation provides a great benefitspackage to its employees.
Because they’re self-employed, they are taxed differently. Addressing Other Related Issues and Concerns Manage Benefits With more workers being classified as employees, HR departments will need to adjust benefit offerings accordingly. And many kinds of independent contractors, including painters, mechanics, veterinarians, etc.,
Corporate wellness programs will impact physical wellbeing Beyond traditional healthcarebenefits, employers are increasingly recognizing the need to invest in comprehensive corporate wellness programs. These plans often provide employees with more control over their healthcare expenses and offer tax advantages.
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