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? It is not legal or tax advice. Get our guide here !

Education 95

Education Health Savings Account Consulting Taxes 95

HR Lineup

SEPTEMBER 1, 2021

The software should be very effective to manage taxes and employee benefits. ADP offers benefits advisory services to help management make the best decisions about what benefits package to offer employees. Any business requires the best payroll software 2021 to manage its employees’ payroll. Quickbooks Payroll.

Payroll Software 243

Payroll Software Payroll Software Human Resources 243

HR Digest

MARCH 12, 2025

But what exactly is the meaning of fringe benefits, and why do they matter? This article unpacks the fringe benefits definition, explores their types and examples, and offers a clear overviewincluding tax implications and practical guidance for employers navigating the IRS fringe benefits guide.

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

PeopleKeep

JUNE 8, 2022

Offering competitive employee benefits packages is a great way to attract and retain your employees, with many employers looking to employee stipends and fringe benefits. But, as with any employee benefit , you need to know how to manage these perks, including understanding their taxability.

Taxes 105

Taxes Benefits Package Consulting Education 105

WEX Inc.

OCTOBER 29, 2024

Budget : Evaluate your budget to determine how much you can comfortably allocate to voluntary benefits. Keep in mind that these benefits often come with monthly premiums. Existing coverage : Review your current benefit package from your employer to avoid duplicating coverage. It is not legal or tax advice.

Voluntary Benefits 93

Voluntary Benefits Life Insurance Health Insurance 93

InterWest Insurance Services

OCTOBER 15, 2024

Your auditor will need to see records such as federal and state tax returns, ledgers, checkbooks, contracts and employee or contractor tax documents. Updated information results in more accurate premium assessments. Get your records ready. If you prepare your records in advance, you’ll speed up the audit process.

Insurance 96

Insurance Overtime Benefits Package Taxes 96

HR Lineup

SEPTEMBER 23, 2021

ADP offers benefits advisory services to help management make the best decisions about what benefits package to offer employees. With QuickBooks, small businesses can prepare for their tax returns, by fully eliminating the need for manual processes. Silicon Valley Compensation Association.

Software 245

Software Management Human Resources Compensation System 245

WEX Inc.

DECEMBER 12, 2024

Personalizing the benefits experience Gone are the days of one-size-fits-all benefits packages. Cost optimization: Predictive analytics can project future benefits costs, allowing employers to budget effectively. Learn how Benefit Assistant can put more time back on your HR teams schedule. Check it out here.

Health Savings Account 52

Health Savings Account Benefits Package Retirement Plan Taxes 52

Patriot Software

JUNE 13, 2022

Want to claim 401(k) tax credits worth up to $16,500? Ready to attract and retain employees with a better benefits package that lets them save for retirement? If so, you might be interested in starting a 401(k). But to do that, you need to know how to set up a 401(k) in your small business. […] READ MORE.

401(k) 73

401(k) Benefits Package Taxes Payroll 73

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. The post 85% of employers plan to further enhance their benefits packages appeared first on Employee Benefits.

Benefits Package 59

Benefits Package Employment Voluntary Benefits Consulting 59

WEX Inc.

FEBRUARY 12, 2025

elections potentially leading to significant shifts in employment laws and employee benefits, its crucial for employers to stay ahead of changes to maintain compliance. New regulations could affect everything from healthcare policies and labor laws to tax laws, all of which play a key role in benefits administration.

Healthcare 52

Healthcare Health Insurance Taxes Paid Leave 52

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.

Benefits Package 116

Benefits Package Taxes Insurance Medical 116

HR Lineup

MAY 3, 2023

One of the key features of Rise is its benefits administration module. This feature allows employers to create customizable benefits packages for their employees. Employers can choose from a wide range of benefits, including health insurance, retirement plans, and wellness programs.

Benefits Package 130

Benefits Package Payroll Manager Retirement Plan Human Resources 130

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.

Benefits Package 52

Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

Best Money Moves

DECEMBER 9, 2024

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 benefits package next year. This projection shows the benefits trends in use and utilization of financial wellness programs among employees.

roth 401(k) 52

roth 401(k) 401(k) Benefits Package Paid Leave 52

HR Lineup

MAY 11, 2023

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.

Flexible Spending Account 130

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 130

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.

Flexible Spending Account 94

Flexible Spending Account Benefits Package Deductible Deductions 94

HR Lineup

MAY 9, 2023

One of the most significant employee benefits that Pazcare offers is health insurance. Health insurance is an essential component of employee benefits, and Pazcare recognizes the importance of it. FSAs are pre-tax accounts that employees can use to pay for eligible healthcare expenses, such as medical bills or prescriptions.

401(k) 130

401(k) Flexible Spending Account Health Insurance PTO 130

HR Lineup

DECEMBER 4, 2023

The platform automates payroll processes, ensuring accuracy and compliance with tax regulations. Furthermore, Namely keeps pace with changing tax laws and compliance requirements, minimizing the risk of errors and penalties. One standout feature of Namely is its robust payroll management system.

Payroll 130

Payroll Retirement Plan Human Resources Health Insurance 130

HR Lineup

FEBRUARY 9, 2023

One of the key features of Justworks is its payroll system, which integrates with a range of benefits and compliance tools to help companies manage their employees’ pay and benefits in a centralized, efficient, and secure manner.

401(k) 130

401(k) Payroll System Retirement Plan Payroll 130

Employee Benefits

MARCH 31, 2023

A well implemented employee benefits package helps to support your employees with many of their needs. There are some costs that come with implementing employee benefits but when it comes to the advantages your business and your employees gain, it’s more than worth it.

Benefits Package 52

Benefits Package Employee Benefits Benefit Providers Salary 52

WEX Inc.

OCTOBER 18, 2024

Open enrollment performance tracking is important to make sure you have a successful period, ensuring you’re offering your employees the best possible benefits packages, and creating a better system for years to come. It is not legal or tax advice. The information in this blog post is for educational purposes only.

Benefits Package 52

Benefits Package Taxes Education Consulting 52

HR Lineup

FEBRUARY 5, 2024

The software should be very effective to manage taxes and employee benefits. Designed for small and medium-sized businesses, OnPay streamlines payroll processes, tax calculations, and benefits management. Any business requires the best payroll software 2024 to manage its employees’ payroll.

Payroll Software 130

Payroll Software Payroll Software Online Payroll 130

HR Lineup

FEBRUARY 2, 2024

Taxation of Leave Encashment The taxation of leave encashment varies depending on the country’s tax laws and regulations. In many jurisdictions, leave encashment is subject to income tax, and the tax treatment may differ based on the nature of the leave and the reason for encashment. The post What is Leave Encashment?

Taxes 130

Taxes Government Salary Deductible 130

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 Deductible 96

PeopleKeep

MARCH 6, 2023

When building a benefits package, it’s important to understand which benefits can be paid for through pre-tax contributions and which are covered by post-tax deductions. Both pre-tax and post-tax benefits have their pros and cons.

Taxes 52

Taxes Deductible Deductions Benefits Package 52

Money Talk

AUGUST 18, 2022

Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g.,

Family and Medical Leave Act 186

Family and Medical Leave Act Employee Benefits Paid Vacation Paid Sick Leave 186

HR Lineup

JUNE 29, 2023

It also handles tax deductions, benefits contributions, and compliance with labor laws, ensuring accurate and timely payments while reducing the risk of errors. Employees can access and make changes to their benefits information through a self-service portal, reducing administrative tasks for HR personnel.

Payroll 130

Payroll Retirement Plan Commissions Health Insurance 130

HR Lineup

FEBRUARY 22, 2023

The platform can automate the entire payroll process, from calculating employee salaries and taxes to issuing paychecks and processing direct deposits. The platform can assist in managing employee benefits such as health insurance, retirement plans, and other employee perks. Payroll management is another crucial feature of Zelt.

Family and Medical Leave Act 130

Family and Medical Leave Act Payroll Manager Payroll Retirement Plan 130

HR Lineup

FEBRUARY 10, 2023

Insperity’s payroll services simplify the complex process of payroll processing and tax compliance, allowing businesses to stay compliant with state and federal laws while ensuring that employees are paid accurately and on time.

Human Resources 130

Human Resources Payroll Service Workers’ Compensation Benefits Package 130

Qandle

JULY 10, 2024

Essentially, a PEO becomes the employer of record for tax and insurance purposes, allowing client companies to focus on core business activities while the PEO handles administrative burdens. They stay updated with labor laws, handle payroll taxes, and manage employee documentation to mitigate legal risks for client companies.

Professional Employer Organization 105

Professional Employer Organization Employment Benefits Package Payroll 105

Empuls

SEPTEMBER 26, 2024

Job security and benefits Non-monetary incentives such as job security and comprehensive benefits packages are key motivators. In addition to financial perks, Salesforce is known for its robust benefits packages, which include health insurance, generous parental leave, and wellness stipends.

Bonuses 52

Bonuses Health Insurance Benefits Package Salary 52

HR Lineup

FEBRUARY 1, 2024

HR professionals must be knowledgeable about a wide range of benefits, including health insurance, retirement plans, paid time off, and other perks like gym memberships or flexible work arrangements. Recognition and Rewards: Acknowledging Contributions Recognition and rewards go beyond monetary compensation.

Bonuses 223

Bonuses Commissions Salary Overtime 223

Insperity

OCTOBER 10, 2023

This enables workers to pay taxes up front on the funds they contribute, and then grow and withdraw these larger funds at a later date tax free. Starting in 2023, if a retirement plan allows for it, employees can elect for their employer match to receive Roth tax treatment. Annual contributions will be limited to $2,500.

401(k) 113

401(k) Retirement Plan Taxes Benefits Package 113

PeopleKeep

MARCH 14, 2022

These popular accounts make an employee’s benefits package more attractive by reducing their healthcare costs, which aids in increased employee satisfaction and retention. There are two ways employers can contribute tax-free funds to their employees’ HSAs, but it’s important to understand how to do so compliantly.

Health Savings Account 98

Health Savings Account Employment Benefits Package Healthcare 98

Insperity

JANUARY 27, 2022

What are fringe benefits? In common parlance, fringe benefits (a.k.a. perks or perquisites) are benefits you offer in addition to pay. The IRS’ Publication 15-B (2021) Employer’s Tax Guide to Fringe Benefits defines a fringe benefit as “a form of pay for the performance of services.

Employment 98

Employment Taxes Health Savings Account Benefits Package 98

HR Lineup

OCTOBER 18, 2023

It simplifies the process of calculating salaries, factoring in taxes, deductions, and benefits. One of Plane’s standout features is its ability to integrate seamlessly with various HR tools and benefits providers.

Payroll 130

Payroll Retirement Plan Health Insurance Benefits Package 130