HR Digest

MAY 21, 2023

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. Employee benefits have become an essential part of any competitive compensation package.

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Benefits Package 401(k) Employee Benefits Disability Insurance 105

WEX Inc.

OCTOBER 5, 2023

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.

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Voluntary Benefits Life Insurance Health Insurance 98

Higginbotham

OCTOBER 29, 2024

Acting as an intermediary between employers and insurance providers, benefit brokers help design, implement and manage employee benefits programs. Talk to an Employee Benefits Broker What is a benefits broker? How can a benefit broker support your organization?

Employee Benefits 52

Employee Benefits Insurance Carriers Disability Insurance Benefits Package 52

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 98

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.

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Voluntary Benefits Benefits Package Net Pay Retail 59

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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Voluntary Benefits Benefits Package Insurance Health Insurance 98

Employee Benefits

OCTOBER 6, 2023

The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher. Voluntary benefits such as bikes-for-work schemes have increased to 75% from 73% in 2022, while gym memberships rose to 45% from 34%.

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Benefits Package Employment Voluntary Benefits Consulting 59

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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Flexible Spending Account 401(k) Flexible Spending Deductions 96

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. Employers can help their employees by offering worksite benefits like hospital indemnity insurance and other supplemental benefits.

Hospitality 52

Hospitality Insurance Voluntary Benefits Benefits Package 52

Employee Benefits

APRIL 10, 2024

Credit: branislavpudar/shutterstock Need to know: A strong onboarding and induction programme will help seasonal workers understand their benefits package and feel valued. Benefits should be tailored to the sector and the type of seasonal worker the organisation wants to attract. “This is attractive.”

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Benefits Package Retail Hospitality Manufacturing 59

Best Money Moves

JULY 29, 2020

Financial stress is one of the top motivators driving organizations to invest in financial wellness programs and 40 percent say that addressing financial stress is a top reason for increasing voluntary benefits, according to a new survey by Buck. . 18 percent want to add a student loan repayment benefit.

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Voluntary Benefits Finance Benefits Package Hospitality 102

InterWest Insurance Services

FEBRUARY 9, 2023

While their health insurance will cover their medical expenses, it won’t cover the cost of living while they recover. Only 30% of American workers in private industry currently have access to employer-sponsored long-term disability insurance coverage, according to the U.S. Bureau of Labor Statistics.

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Disability Insurance Voluntary Benefits Insurance Benefits Package 90

CorpStrat

OCTOBER 9, 2024

As an employer, you’re likely offering a range of benefits to attract and retain top talent: health insurance, retirement plans, and perhaps some voluntary perks. But there’s one critical benefit that many employers are overlooking: long-term care insurance (LTC). What is Long-Term Care Insurance?

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Insurance Employee Benefits Voluntary Benefits Benefits Package 52

Flimp Communications

AUGUST 17, 2020

For instance, if they don’t have pets, they don’t need to learn about pet-insurance options. At Flimp Communications, we offer both PLANselect, focusing on healthcare plans, and BENEFITchoice, ideal for presenting supplemental and voluntary benefits.

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Voluntary Benefits Education Benefits Package Hospitality 93

Higginbotham

MARCH 2, 2023

Workers’ compensation and disability insurance are two different types of programs that can provide benefits. Learn about the differences between workers’ compensation vs disability insurance and why your workers may need access to both. What are workers’ compensation benefits? What are disability insurance benefits?

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Benefits Package 52

InterWest Insurance Services

JANUARY 12, 2024

Examples Recently Amazon announced that as part of its employee benefits package it would offer the therapist-like app Twill. As these apps improve and become more widespread, it’s likely your employees will encounter them when they use their group benefits, or they will be among your voluntary benefit offerings.

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Employment Voluntary Benefits Commissions Benefits Package 95

CorpStrat

AUGUST 11, 2022

Voluntary Benefits. Voluntary Benefits, commonly referred to as AFLAC, can help employees maintain their income by paying cash benefits directly to them. Employees can use these cash benefits to help cover rent, groceries, and other daily living expenses while they’re out of work.

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Voluntary Benefits Employee Benefits Benefits Package Medical 52

Higginbotham

APRIL 25, 2022

Job Market Report, two in three job seekers agree that workplace benefits are more important to them now than they were before the pandemic, and 80 percent think that employers need to reevaluate their benefits package. Additionally, 54 percent would consider taking a job that paid less if the benefits were better.

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Employee Benefits Disability Insurance Voluntary Benefits Benefits Package 52

CorpStrat

OCTOBER 13, 2022

With healthcare insurance premiums rising again this fall, employers are faced with a unique challenge: revisiting the balance between salary increases, compensation, and benefits. If you listen to what your employees actually want, you can present them a Benefits package that’s creative and fresh. Go Digital.

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Salary Healthcare Benefits Package Voluntary Benefits 52

Higginbotham

AUGUST 12, 2022

According to Gallup, pay and wellbeing are the top two issues, with 64 percent of workers saying they want a significant increase in income or benefits and 61 percent saying they want greater work-life balance and personal wellbeing. Benefits Can Boost Retention. See what they’re offering and whether your benefits stack up.

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Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Winston Benefits

FEBRUARY 6, 2018

The report says only 43 percent of employees in North America feel that their health insurance plan, retirement plan and benefit package offer enough flexibility. However, they say they’re willing to sacrifice for those choices, especially if their benefits will make them feel more secure.

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Retirement Plan Voluntary Benefits Benefits Package Health Insurance 51

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. It’s all about benefits choice and customization.

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52

Winston Benefits

MARCH 7, 2017

The financial industry might have a reputation of requiring long hours with little time off, but a closer look finds that there are plenty of employers who offer top-notch benefits.

Employee Benefits 45

Employee Benefits Benefits Package Banking Insurance 45

Winston Benefits

JANUARY 16, 2018

As a result, engineering firms offer top-of-the-line employee benefits to get the talent they need, although benefits packages can vary widely across an organization, depending on the position, location and collective bargaining status. Here are some of the top benefits among engineering firms. Health Insurance.

Engineering 49

Engineering 401(k) Parental Leave Benefits Package 49

Corporate Synergies

JUNE 4, 2019

While it may be tempting to follow benefit trends by offering pet insurance or creating in-office perks like beer and pizza, research suggests that most employees value more traditional coverages and perks. Voluntary benefits offerings. That means zeroing in on what they find valuable. Medical copay. Office visit copay.

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Health and Welfare Employee Benefits Paid Sick Leave Benefits Package 44

PeopleStrategy

SEPTEMBER 24, 2019

Being able to offer a comprehensive benefits package that goes beyond traditional medical, dental and vision plans is one way we can help them differentiate themselves,” said PeopleStrategy CEO, Randy Cooper. . — (September 24, 2019 ) — PeopleStrategy, Inc.® Learn more at newbenefits.com.

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Benefits Package Comprehensive Benefits Healthcare Medical 8

Empuls

SEPTEMBER 28, 2023

Wondering what kind of benefits are offered to employees in the UK? In this blog, we have described everything from the best employee benefits in the UK to the way an employee benefits package can be designed for employees, the legal regulations, tax compliance and other nuances with regard to the subject.

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Employee Benefits Pension Mandatory Benefits Benefits Package 40

Empuls

FEBRUARY 26, 2024

Rising healthcare costs, coupled with the complexities of insurance plans, can be a source of significant stress.  Explore partnerships with healthcare providers and insurance companies to negotiate better rates for their employees.

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Retirement Plan 40

Higginbotham

NOVEMBER 12, 2024

EAP Legal Services Many employees could benefit from personal legal assistance but might lack the means or knowledge to access these services. Alternatively, if no EAP is in place or the existing EAP does not allow for legal benefits to be added, legal services could be introduced as a standalone voluntary benefit for employees.

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Voluntary Benefits Insurance Benefits Package Health Insurance 52

HR Lineup

FEBRUARY 13, 2023

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. The company offers a wide range of benefits solutions to help organizations of all sizes attract, retain, and engage their employees.

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Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 130

Higginbotham

MAY 4, 2023

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

Employee Benefits

MAY 20, 2024

Credit: tomertu/Shutterstock Need to know: Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic. Flexible benefits , voluntary benefits, and allowances or pots offer the potential for greater personalisation. It can be a huge benefit.”

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Employee Benefits Benefits Package Voluntary Benefits Pension 64

InterWest Insurance Services

SEPTEMBER 27, 2023

It’s almost time for group health insurance open enrollment and your top priority should be to drive participation by helping your employees make informed decisions about their options. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.

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Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 93

Higginbotham

APRIL 7, 2022

It’s generally accepted that people should have health insurance. Veterinary bills can be expensive, especially when unexpected accidents and illnesses are involved, and pet insurance can help cover the costs. Some pet owners buy coverage on their own, but pet insurance has also emerged as a popular employee benefit.

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Insurance Benefits Package Health Insurance Deductible 52

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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Health Insurance Insurance Benefits Package Out of Pocket Cost 52