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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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Total Compensation Statement Template: A Powerful Tool for Employers

COMPackage

The post Total Compensation Statement Template: A Powerful Tool for Employers first appeared on Total Compensation Reports Blog | COMPackage. Long-Term Incentives: This may involve stock options, restricted stock units, or profit-sharing plans.

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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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Designing an Effective Total Compensation Report: Sample Templates and Tips

COMPackage

Indirect Pay: This includes all of the employee’s benefits, such as health insurance, retirement plans, paid time off, life insurance, and disability insurance.

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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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Total Rewards Statements: A Key Component of Your Benefits Communication Strategy

COMPackage

By quantifying the value of health insurance, retirement contributions, paid time off, and other perks, organizations can demonstrate the significant investment they make in their employees’ well-being. The Importance of Effective Benefits Communication Employees often underestimate the value of their 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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