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Employee Benefits: The Only Guide You Need

Achievers

Federal and state mandated benefits include health insurance, worker’s compensation, unemployment insurance, and required leave time for caring for family and/or personal medical purposes. Health insurance, and family and medical leave, are not required for all businesses.

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Are Your Benefits Enough to See Employees Through a Crisis?

InterWest Insurance Services

Middle class families — those with incomes of between roughly $50,000 and $100,000 per year — are becoming increasingly reliant on workplace benefits to ensure their financial well-being in case of a disability or critical illness. Simple health insurance is insufficient to carry the load. Are life insurance benefits adequate?

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What are voluntary benefits?

WEX Inc.

Health Voluntary benefits help employers fill any additional health needs that might not be covered by typical health insurance. Employees can receive more options such as critical illness insurance, disability insurance, and accident insurance, along with additional dental and vision benefits.

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Are You Financially Resilient?

Money Talk

Financial resiliency is enhanced with financial resources, such as savings, health insurance, and a good-paying job. Purchase Adequate Insurance - Protect dependents against the loss of a breadwinner’s income with life insurance and buy disability insurance to provide continued income following an accident or illness.

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Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

You as an employer can help by offering group disability insurance to your employees. This insurance helps replace a portion of a worker’s income if they lose their income due to an injury or illness. Typically, disability insurance policies will replace between 50 and 65% of a worker’s income.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. Dental insurance. Life insurance.

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Why Your Staff Needs Short- and Long-Term Disability Coverage

InterWest Insurance Services

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.