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.

Take Home Pay 105

Take Home Pay Medical Health Insurance Benefits Package 105

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.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

WEX Inc.

SEPTEMBER 7, 2023

Some individuals may be wary of reducing their take-home pay, especially if they are already on a tight budget. Illustrate how pre-tax contributions lead to significant savings over time, effectively reducing the impact on take-home pay. What you can do: Highlight the flexibility of FSAs.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Employee Benefits

JUNE 7, 2023

“Benefits that can greatly reduce financial burdens and improve financial wellbeing, such as cashback schemes and greater access to financial resources to help budget, can be helpful to stretch take-home pay as much as possible,” she says.

Employment 105

Employment IT Work From Home Take Home Pay 105

Employee Benefits

AUGUST 7, 2024

Many with private medical insurance (PMI) may have a scheme commencement date of 1 September, for example, and occasionally some negotiations around price may go on after this date,” she explains. “It’s also an opportunity to provide staff with access to resources where they can get information about the changes independently.”

Payroll System 59

Payroll System Taxes Payroll Take Home Pay 59

Insperity

NOVEMBER 30, 2011

Plan administrators should provide easy to understand handouts that explain the various benefit packages, and encourage employees to pose any questions they may have prior to the enrollment period. Have HR personnel explain how elective benefits would impact a worker’s take-home pay.

Benefits Package 40

Benefits Package Take Home Pay Utilities Health Insurance 40

Insperity

AUGUST 10, 2011

Here’s some information that may help you identify your company’s and employees’ medical insurance wants and needs. Employees aren’t going to opt in to a medical plan that cuts far into their take-home pay. Employees aren’t going to opt in to a medical plan that cuts far into their take-home pay.

Health and Welfare 40

Health and Welfare Out of Pocket Cost Deductions Deductible 40