Employee Benefits

JANUARY 15, 2024

Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff. The post SumUp ensures it offers an age-inclusive benefits package appeared first on Employee Benefits.

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Employee Benefits

SEPTEMBER 18, 2023

Private medical insurance (PMI) has become the most important perk that employees look for in their benefits package, according to new research by Zest. Employers need to take note of this demand and look at how they can adapt their benefits offer to meet the current needs of employees, if they are to attract and retain talent.”

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WEX Inc.

JULY 30, 2024

Here are some things you can share to support your cause: Benefits objectives Company values and how your benefits tie into them Employee feedback (surveys, anecdotal, etc.) If the financial team or leadership does want to reduce the benefits budget, being able to navigate this conversation can be hard.

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InterWest Insurance Services

DECEMBER 10, 2024

But, while health plans will generally cover these medications for diabetes, not as many do for weight loss. The survey found that 44% of employers with 500 or more workers cover weight-loss drugs like Wegovy and Zepbound, as well as older medications in the same class like Saxenda (made by Novo Nordisk).

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HR Lineup

APRIL 11, 2023

Aetna International Aetna International is a global health and wellness benefits provider that offers a range of services to employers and individuals around the world. Their global benefits services include health insurance, wellness programs , and assistance with medical emergencies and evacuations.

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WEX Inc.

OCTOBER 30, 2024

As an employer, providing a robust employee benefits package is only half the battle. Educating on the value of their benefits and how best to use them is equally important. One of the questions we asked: What benefit would you like to learn more about? We recently surveyed nearly 60,000 of our participants.

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Take It Personel-ly

MARCH 25, 2021

In most cases, you may qualify for this employee benefits package without taking a medical exam. Getting covered through work is a less expensive way to protect your family, especially when you need life insurance but haven’t shopped around for one yet. On the […].

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Flimp Communications

DECEMBER 19, 2019

When you stop and think about it, it’s not a big surprise that non-medical employee benefits keep employees happy. The bottom line for non-medical benefits is that they aid in both attracting and keeping talent. Some organizations provide tools to help employees understand complicated benefits packages.

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WEX Inc.

OCTOBER 29, 2024

Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. Budget : Evaluate your budget to determine how much you can comfortably allocate to voluntary benefits.

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Best Money Moves

DECEMBER 9, 2024

Employees look for solutions to their unique problems from building retirement savings to handling unexpected medical expenses. Compared to years prior, employees are more interested in retirement benefits and paid leave opportunities. The common theme emerging from this years insights is personalization.

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Employee Benefits

JULY 7, 2023

With an established remote and hybrid workforce, relevant work-life balance benefits are more important than ever.” The post Emerald Publishing enhances benefits package appeared first on Employee Benefits. Earlier this year, Emerald was recognised as one of the top 100 most flexible employers to work for in 2023.

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Employee Benefits

FEBRUARY 15, 2023

The people we know are feeling the pinch are younger age groups and lower paid people, those people embarking on building careers, who don’t always have the most robust benefits anyway. appeared first on Employee Benefits.

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HR Digest

MARCH 12, 2025

Understanding the fringe benefits types helps employers craft packages that resonate with diverse workforces. Heres a breakdown: Health and Wellness Benefits These are the heavyweights of employee perks. In an era of rising healthcare costs, these benefits are non-negotiable for many workers.

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HR Lineup

MAY 9, 2023

The platform is designed to help medical professionals and patients manage healthcare needs more efficiently, utilizing technology to improve the overall healthcare experience. Pazcare is dedicated to providing not only the best medical services to its clients but also to offering an exceptional employment package to its employees.

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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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Higginbotham

APRIL 8, 2025

Long-Term Budgetary Uncertainty: The unpredictable nature of rising health care costs can make it difficult for public sector entities to strategically plan for and offer employee benefits that are stable, desirable and affordable. So, given this bleak reality, how can a balance be achieved?

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HR Lineup

APRIL 10, 2023

They work with insurance providers and other vendors to ensure that employees have access to the benefits they need, such as healthcare coverage, retirement savings plans, and paid time off. HR also assists employees with any questions or issues they may have with their benefits packages, such as claims or reimbursement requests.

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Achievers

JUNE 6, 2022

These mandated benefits may include leave time for caring for family or personal medical purposes, worker’s compensation, as well as health, disability, and unemployment insurance. 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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HR Lineup

JUNE 24, 2024

Compensation and Benefits Competitive compensation and benefits packages are essential in attracting and retaining top talent. While salary is a significant factor, a holistic approach to compensation includes benefits that address various aspects of an employee’s life and well-being.

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Higginbotham

OCTOBER 29, 2024

A benefits broker specializes in guiding organizations through the process of selecting and managing their employee benefits. Their expertise lies in understanding the insurance landscape and creating benefits packages that meet the unique needs of an employer’s workforce.

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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. appeared first on Employee Benefits.

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Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

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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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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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Flimp Communications

SEPTEMBER 26, 2024

According to some estimates, the year will see a nearly 9% increase in the cost of medical care benefits, and inflation alone is not to blame. Cutting-edge medical technologies and new medications (such as Ozempic) are among the factors driving up costs. Employees answer four key questions (that’s it!)

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Employee Benefits

MAY 13, 2024

Employers should communicate with employees to understand what they need from a flexible benefits package. Benefits that are offered as part of a flex scheme need to add value. As employees’ needs can change throughout the year, more frequent benefits enrolment windows can provide greater flexibility and choice.

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Higginbotham

JANUARY 8, 2025

In-Home Support: One essential aspect of elder care benefits is in-home support. Financial assistance for in-home care may cover services like administering injections, monitoring vital signs, medical tests and various therapies. The post Offering elder care benefits to caregiver employees appeared first on Higginbotham.

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InterWest Insurance Services

DECEMBER 28, 2021

Most employers offer major medical coverage to their full-time employees. But that still leaves workers and their families with significant exposure to financial hardship in the event of a serious medical emergency. The worker can use this cash benefit for any purpose, including: Deductibles. Hospital indemnity insurance.

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InterWest Insurance Services

SEPTEMBER 23, 2024

These plans allow workers to withhold a portion of their pre-tax salary to cover certain medical or childcare expenses. 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.

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Wellable

JUNE 29, 2022

Health Savings Accounts (HSAs), which allow individuals to store and withdraw funds for certain qualified medical expenses, are frequently offered as part of an employer’s benefits package. According to one report , nearly 40% of companies offered an HSA-qualified health option in 2021.

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Employee Benefits

JANUARY 20, 2023

Bupa Global and UK has launched a primary care health support package for its 15,000 frontline UK employees, working in Bupa care homes and dental practices. The MyHealthcare benefits package was launched as part of the health insurance provider’s global ambition to enhance health benefits for all of its employees.

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HR Lineup

FEBRUARY 22, 2023

The platform can assist in managing employee benefits such as health insurance, retirement plans, and other employee perks. This feature can help businesses attract and retain top talent by offering competitive benefits packages.

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HR Lineup

MAY 10, 2023

The company also provides access to telemedicine services, which allows employees to consult with doctors and other medical professionals remotely. These programs include virtual wellness coaching, incentive programs, and online wellness challenges. The post PlanSource appeared first on HR Lineup.

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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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Insperity

APRIL 29, 2021

Wondering how to contain the cost of employee benefits? Unfortunately, increases in health-insurance costs are driven in part by factors outside a company’s control, such as: The rising cost of care (known as medical inflation) Expanding regulatory and reporting requirements.

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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. PES Benefits provides a comprehensive suite of employee benefits, covering various areas such as health and wellness, retirement planning, and financial security.

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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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