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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Flexible Spending Account (FSA). Retirement. 401(k) & 403(b) Retirement Plans. 16+ types of employee benefits you should consider. Medical Insurance.

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How to be an employer of choice – even in uncertain times

Insperity

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions.

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4 Life Hacks to Extend the Value of Your Benefits

Benefit Resource Inc.

.” — Unknown Benefits hack #1: COBRA + HSA = Early Retirement Are you anxiously awaiting your 65th birthday so you can retire and enroll in Medicare? You have a healthy retirement plan with a 401K, but lack options for comprehensive group medical benefits.

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How Employee Perks Can Help Companies in the US

Vantage Circle

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. Paid parental leave, support for fertility-related expenses, and assistance with adoption or surrogacy costs are also part of the benefitws plan.

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Total Compensation Statement Template: A Powerful Tool for Employers

COMPackage

Short-Term Incentives: These can include bonuses, commissions, or other performance-based payments. Long-Term Incentives: This may involve stock options, restricted stock units, or profit-sharing plans.

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Year-end checklist for HR

PeopleStrategy

Annual, quarterly or holiday bonuses should also be accounted for. Some health and life insurance plans and retirement plans require companies to report enrollment figures and balances at the end of the year. Report benefits enrollment information. Make any necessary updates to FSAs.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more. Flexibility in Benefits: An employee benefits platform can provide greater flexibility in the benefits employers can offer their employees.