WEX Inc.

OCTOBER 5, 2023

In the final blog post of our three-part series to educate first-time participants, we explore all the unknown voluntary benefits terms and bring clarity of information to first-time participants. Check out our other first-timer series blog posts on health plans and employee benefits. They can genuinely improve your quality of life.

Voluntary Benefits 98

Voluntary Benefits Life Insurance Health Insurance 98

COMPackage

OCTOBER 14, 2024

Benefits: A list of all benefits provided by the employer, such as health insurance, retirement plans, paid time off, and life insurance. Incentive Compensation: Any bonuses, commissions, or other performance-based pay.

401(k) 40

401(k) Retirement Plan Incentive Compensation Life Insurance 40

WEX Inc.

AUGUST 23, 2023

Examples of voluntary benefits are: Supplemental life insurance Critical illness Pet insurance Voluntary benefits are additional perks that an employer can offer at a discounted group rate, with the employee either fully or partially paying for the benefits through a payroll deduction. Go to our webpage.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

Achievers

FEBRUARY 2, 2021

The list of benefits in this category began fairly simply with things like dental insurance and life insurance options. The post Employee Benefits: The Only Guide You Need appeared first on Engage Blog. Bottom line is that voluntary benefits are any perk offered to employees that is not mandated by law. .

Employee Benefits 238

Employee Benefits Family and Medical Leave Act Employee Recognition Voluntary Benefits 238

Money Talk

OCTOBER 13, 2021

. ¨ 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. For more information about increasing financial resilience, review this post from the Get Rich Slowly blog.

Net Pay 100

Net Pay Disability Insurance Take Home Pay Life Insurance 100

InterWest Insurance Services

MARCH 1, 2024

cancer insurance) Pet insurance. Roll them out a few at a time, starting with life insurance, dental/vision and/or disability insurance. Match benefits to your employees’ life stages. Where the employer did not offer voluntary benefits, the satisfaction rating fell to 32%.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Deductible Deductions 98

InterWest Insurance Services

JULY 18, 2024

According to the report, in 2023: Group term life insurance premiums increased 10% from the 2022 level. Group universal life and whole life were up 9%. Critical illness insurance premiums were up 7%. Hospital indemnity premiums were 6% higher.

Voluntary Benefits 97

Voluntary Benefits Hospitality Health Insurance Deductible 97

HR Bartender

JULY 19, 2016

Other laws and policies – I’m going to lump these in the same category because they are unique to your state and organizational benefits: unemployment insurance, retirement plan contributions, group life insurance premiums and disability benefits. You get the point.

Overtime 100

Overtime Human Resources Retirement Plan Life Insurance 100

WEX Inc.

SEPTEMBER 12, 2023

In the second blog post in our three-part series to educate first-time participants, we walk through a few factors you should consider when choosing among employee benefits accounts for the first time. Click here for the first blog post in our series on choosing a health plan for the first time.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

InterWest Insurance Services

APRIL 11, 2024

Examples include retirement benefits like 401(k) plans, wellness plans, dental insurance, vision coverage, short- and long-term disability protection, critical illness coverage, accident coverage and employer-funded life insurance.

401(k) 93

401(k) Health Insurance Insurance Taxes 93

InterWest Insurance Services

APRIL 20, 2023

Depending on your employee demographics, these could include additional life insurance options, long-term care – or even pet insurance. Survey employees as to what types of additional benefits they would participate in if given the opportunity.

Voluntary Benefits 97

Voluntary Benefits Benefits Package Insurance Life Insurance 97

InterWest Insurance Services

MARCH 22, 2022

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. The worker can choose from a menu of options into which they want to funnel the funds, and how they want those funds allocated. Flexible spending account.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductible 96

InterWest Insurance Services

AUGUST 15, 2024

Cost drivers Thanks to a continuing stream of pharmaceutical breakthroughs that are saving patients’ lives and/or improving their quality of life, insurers have to make coverage decisions. There are also new biosimilar drugs coming to market that cost a fraction of the originals.

Pharmaceutical 98

Pharmaceutical Health Insurance Medical Insurance 98

InterWest Insurance Services

AUGUST 6, 2024

Cost drivers Thanks to a continuing stream of pharmaceutical breakthroughs that are saving patients’ lives and/or improving their quality of life, insurers have to make coverage decisions. There are also new biosimilar drugs coming to market that cost a fraction of the originals.

Pharmaceutical 97

Pharmaceutical Health Insurance Medical Insurance 97

InterWest Insurance Services

AUGUST 30, 2022

Dental insurance. Life insurance. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Critical illness insurance. Among these must-have benefits: Prescription drug coverage. 401(k)s or other retirement plans. Vision care.

Benefits Package 98

Benefits Package 401(k) Disability Insurance Health Insurance 98

InterWest Insurance Services

JUNE 2, 2022

That’s compared to other voluntary benefits like major medical, life insurance and disability insurance, which employees may need many years down the road, if ever.

Health 98

Health Voluntary Benefits Disability Insurance Deductible 98

InterWest Insurance Services

FEBRUARY 20, 2024

Then their insurance would cover everything at 100%. Other voluntary benefits employers often offer staff in HDHPs include: Accident insurance, Cancer insurance, and Life insurance. After that, their HDHP would start picking up the tab through coinsurance, until the out-of-pocket maximum was reached.

Deductible 98

Deductible Deductions Out of Pocket Cost Health Savings Account 98

Vantage Circle

JULY 14, 2020

In this episode, Amit Malik , the Chief People, Operations & Customer Services Officer, Aviva Life Insurance India Ltd, talks about " How to keep communication open for remote employees. " Read our blog: How To Overcome the Communication Barriers for Remote Employees 18:38) Refining company culture during a crisis.

Banking 52

Banking Life Insurance Engineering Human Resources 52

Empuls

DECEMBER 22, 2022

Continue reading this blog and get some excellent ideas to surprise employees this festive season. We all know that the most appreciated gifts are those which come unexpectedly. Here are some surprise and delight ideas for employees to cheer them up.

Paid Sick Leave 98

Paid Sick Leave Paid Vacation Food Bonuses 98

COMPackage

SEPTEMBER 30, 2024

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.

401(k) 40

401(k) Flexible Spending Account Disability Insurance Employment 40

Griffin Benefits

NOVEMBER 23, 2021

Editor's note: We'd like to thank Ann Lloyd of StudentSavingsGuide.com for collaborating with us on this week's blog post. Some of these decisions, such as foregoing healthcare, disability, and life insurance, could prove catastrophic. Discuss short- and long-term disability insurance, when it applies, and how to use it.

401(k) 56

401(k) Retirement Plan Healthcare Life Insurance 56

Employer Connection

DECEMBER 5, 2022

Visit the Trustmark Regulatory Updates blog for more information. and Trustmark Life Insurance Company. Trustmark ® and Trustmark Small Business Benefits ® are trademarks of Trustmark Insurance Company. Effective Jan.

Out of Pocket Cost 40

Out of Pocket Cost Life Insurance Healthcare Insurance 40

PeopleStrategy

JULY 8, 2019

Ancillary benefits : these types of benefits are in addition to standard health coverage, and can include dental, vision care, life insurance and short- or long-term disability coverage. The cost for the employee is usually taken out of the employees’ paycheck on a monthly or bi-weekly basis and the employer covers the rest.

Health Savings Account 82

Health Savings Account Deductible Deductions Healthcare 82

InterWest Insurance Services

JANUARY 18, 2024

Then their insurance would cover everything at 100%. Other voluntary benefits employers often offer staff in HDHPs include: Accident insurance, Cancer insurance, and Life insurance. After that, their HDHP would start picking up the tab through coinsurance, until the out-of-pocket maximum was reached.

Out of Pocket Cost 83

Out of Pocket Cost Deductible Deductions Voluntary Benefits 83

Global People Strategist

FEBRUARY 16, 2022

However, employers who have signed bargaining agreements must take out specific insurances, like work injury and group life insurances. To learn more about the Swedish employment laws, please feel free to check out some of the other blogs on our website. Final Word.

Employment 52

Employment Parental Leave Paid Vacation Paid Leave 52

COMPackage

OCTOBER 10, 2024

Indirect Pay: This includes all of the employee’s benefits, such as health insurance, retirement plans, paid time off, life insurance, and disability insurance. Perks: This includes any additional non-monetary benefits, such as company-provided vehicles, gym memberships, or employee discounts.

401(k) 40

401(k) Retirement Plan Health Insurance Disability Insurance 40

eni

OCTOBER 22, 2018

Voluntary Benefits – Even though the cost of these benefits often falls solely on the employee, providing ease of access to accident, critical illness, disability and life insurance can help employees to feel protected and confident. Student Loan Assistance – This relatively new benefit has been popping up on many top benefits lists.

Voluntary Benefits 67

Voluntary Benefits Life Insurance Comprehensive Benefits Healthcare 67

Benefit Resource Inc.

JANUARY 22, 2019

It does not include life insurance, AD&D and other benefits). retirement (learn more in our Life Hacks blog). Visit our COBRA blog page to find out more about your options. (Active coverage refers to medical, dental and vision benefits. Active coverage can be lost for several reasons.

Life Insurance 40

Life Insurance Health Medical Insurance 40

COMPackage

OCTOBER 2, 2024

Benefits: Detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 25, 2024

Benefits: This section should detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 23, 2024

Benefits: Detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 19, 2024

Benefits: Detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 18, 2024

Benefits: This section should detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 13, 2024

Benefits: This section should detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

JULY 24, 2024

Benefits: Detail all benefits offered, including health insurance, retirement plans, paid time off, disability insurance, and life insurance. The post Total Rewards Statements: A Key Component of Your Benefits Communication Strategy first appeared on Total Compensation Reports Blog | COMPackage.

Health Insurance 40

Health Insurance Retirement Plan Disability Insurance Life Insurance 40

Enjoy Benefits

MARCH 15, 2022

The global insurance advisory and brokering organisation, Willis Towers Watson, conducted research into the employee benefits most valued by staff. . We offer healthcare and medical insurance plans to help your staff feel secure no matter what life may throw at them. We can help deliver this connection via employee benefits.

Insurance 52

Insurance Healthcare Life Insurance Transportation 52

COMPackage

SEPTEMBER 30, 2024

Benefits: This section should detail all benefits provided, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Paid time off (PTO, vacation, sick leave) Life insurance Disability insurance Employee assistance programs (EAPs) Education assistance Other benefits (e.g.,

Employee Compensation 40

Employee Compensation 401(k) Disability Insurance Overtime 40