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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Empuls

AUGUST 28, 2024

In today's rapidly evolving workplace, offering a comprehensive benefits package is no longer just an added perk—it's a critical component of attracting and retaining top talent. This alarming statistic signals a pressing need for businesses to reevaluate their benefits offerings.

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HR Lineup

JUNE 9, 2023

One of the key strengths of PES Benefits lies in its ability to customize benefit plans to align with the specific goals and values of each organization. Retirement planning is another crucial aspect of PES Benefits’ offerings.

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Higginbotham

JUNE 15, 2023

Group life insurance is a type of life insurance policy that covers an affiliated group of individuals, typically the employees of a company or the members of an organization, who can be covered under a single master contract. What is group life insurance? What is group life insurance?

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WEX Inc.

AUGUST 23, 2023

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Why are some examples of voluntary benefits?

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InterWest Insurance Services

APRIL 20, 2023

Survey employees as to what types of additional benefits they would participate in if given the opportunity. Depending on your employee demographics, these could include additional life insurance options, long-term care – or even pet insurance.

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Best Money Moves

NOVEMBER 1, 2023

Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication. Better employee benefits communication is key to a happier, healthier workforce.

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InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

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WEX Inc.

OCTOBER 5, 2023

Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. In the final blog post of our three-part series to educate first-time participants, we explore all the unknown voluntary benefits terms and bring clarity of information to first-time participants.

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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. 

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Vantage Circle

MAY 18, 2023

They want a competitive benefits package to motivate them and improve their satisfaction. This innovative approach goes beyond the standard compensation package. In addition, it can also provide a competitive advantage in the job market, where you can attract candidates with comprehensive benefits packages.

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Hppy

FEBRUARY 10, 2023

Top talent is increasingly weighing benefits as part of the job offer, with some even leaving good positions in search of better benefits. Differentiate Your Benefits Package About 90% of businesses offer health insurance at minimum. For some, benefits are weighed more than a fair salary.

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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.

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Flimp Communications

NOVEMBER 15, 2019

SHRM observed that employers and employees have different ideas about the best methods for selecting and enrolling in healthcare benefits. That observation is backed up by a 2015 study from the Life Insurance Marketing and Research Association. Decision-support tools help millennials customize their benefit packages.

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Insperity

APRIL 14, 2022

Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance. Vision insurance. Life insurance. Disability insurance. To compete for top talent, make your benefits package as solid and comprehensive as possible.

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HR Digest

FEBRUARY 10, 2023

But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters. We’ll also discuss how much these employee benefits costs employers and businesses alike.

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Business Management Daily

APRIL 25, 2023

Flexible work hours are another common demand from modern employees, as they want more control over their schedules for a better work-life balance. Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. health insurance, FMLA, unemployment, etc.),

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Insperity

FEBRUARY 20, 2020

These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insurance Life insurance Workers’ compensation Unemployment insurance. Summing it all up.

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Higginbotham

DECEMBER 30, 2021

Companies depend on their compensation and benefits package to attract talent. On the other hand, if you offer benefits that no one really wants or cares about, you’re wasting money. You need to get it just right, and a compensation and benefits review can help. Employee Benefit Needs Have Changed.

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Hppy

APRIL 14, 2017

Understanding insurance can be difficult for many people, but knowing what types of coverage are crucial can be incredibly important for many employees. As an HR professional, it is part of your job to ensure they have the information they need to be sufficiently covered. However, educating employees on insurance isn’t easy.

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COMPackage

OCTOBER 2, 2024

By clearly outlining the comprehensive benefits package offered, organizations can demonstrate the value they place on their employees and differentiate themselves in a competitive job market. Print or email reports: The template should support both printing and emailing of reports, providing flexibility in how information is shared.

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COMPackage

SEPTEMBER 23, 2024

By clearly outlining the comprehensive benefits package offered, organizations can demonstrate the value they place on their employees. gym memberships, commuter benefits) Total Compensation: Provide a clear and concise summary of the total compensation package, including the base salary and the estimated value of all benefits.

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Employee Benefits

FEBRUARY 6, 2022

There’s been a mindset change with reward and benefits according to Eva Jesmiatka, director, rewards at Willis Towers Watson. Where it used to be acceptable to say this is the benefits package and simply match the market, employers are now much more likely to ask employees what they want,” she says. Benefit variety.

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Insperity

MARCH 28, 2019

From basic benefits like medical and dental coverage, to health care flexible spending accounts and life insurance, the list of benefits you’ll have to manage can grow quickly. That’s before you begin to include benefits such as: Commuter benefits Child care benefits Adoption assistance Employee assistance programs.

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Insperity

OCTOBER 22, 2019

Has another company – worse yet, a competitor – ever wooed away one of your most valued team members with an exciting promotion, higher salary or better benefits package? If this sensitive information fell into the wrong hands it can be devastating for all parties. Loss of critical personnel. Loss of key client.

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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.

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Business Management Daily

APRIL 25, 2024

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock. The post What Are fringe benefits?

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Flimp Communications

SEPTEMBER 12, 2024

There are some things a new employee just needs to know, and written documents are often the most effective way to impart that essential information. These documents outline company-wide policies and procedures and provide general need-to-know information for everyone within your organization. Company-specific guides.

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HR Digest

NOVEMBER 28, 2022

An IT manager is a manager that oversees the entire job of the information and technology department. Benefits and perks : While this is not a compulsory section, it can still get the attention of top talents in the business analyst field. You should highlight what benefits packages your employees will enjoy.

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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.  This fosters a healthier work-life balance and reduces stress. 

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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.

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Higginbotham

JULY 12, 2022

The IRS maintains information on rules for health flexible spending accounts, health reimbursement arrangements and other tax-favored health plans in Publication 969. See Publication 502 for more information on what is and is not generally allowable. Learn more about our employee benefits services.

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Business Management Daily

MARCH 21, 2022

A 401(k) is a fairly standard piece of a full employee benefits package. Most small businesses start with health insurance as the main facet of their benefits plan , but as you grow it’s a good idea to expand to include retirement, dental, vision, life insurance, and other major offerings.

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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.

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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. A comprehensive benefits program can improve employee satisfaction and loyalty, reducing turnover rates.

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Empuls

MAY 7, 2023

Employee benefits statistics to support why they are so important in 2023 Employee benefits are important for several reasons: They can help companies attract and retain top talent. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

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Vantage Circle

SEPTEMBER 23, 2023

Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” ” In the next pages, we will explore the changing world of employee benefits. We will give you practical advice, useful information, and the newest trends to help your organization stand out. " - Sybil F.

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