COMPackage

JULY 13, 2024

Bonuses and Incentives: Performance-based bonuses, commissions, and profit-sharing plans fall under this category. Life and Disability Insurance: The value of life and disability insurance plans can provide peace of mind for employees and their families.

401(k) 40

401(k) Disability Insurance PTO Profit Sharing Plan 40

COMPackage

OCTOBER 10, 2024

Key Components of a Total Compensation Report A Total Compensation Report (TCR) should provide a clear and concise overview of an employee’s compensation package, including: Direct Pay: This includes the employee’s base salary or wages, as well as any bonuses, commissions, or overtime pay.

401(k) 40

401(k) Retirement Plan Health Insurance Disability Insurance 40

Insperity

MAY 27, 2013

They will typically work with multiple insurance carriers, and provide you with informed recommendations on plans available from those carriers that best meet your needs. Their expertise can help you through the decision process, but be aware that they often receive commissions from the insurance company they’re recommending.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Flexible Spending Account 40

Higginbotham

DECEMBER 30, 2021

Key elements to consider include the following: Salary, wages, bonuses and commissions. Health insurance. Other insurance types/voluntary insurance (vision insurance, dental insurance, critical illness insurance, long-term care insurance, life insurance, disability insurance, pet insurance, etc.).

Benefits Package 52

Benefits Package Disability Insurance Insurance Parental Leave 52

Insperity

SEPTEMBER 6, 2011

In 2003, 25 to 27 percent of premiums and 33 to 37 percent of claims are the insurer’s administrative fees, according to the Small Business Association’s Study of the Administrative Costs and Actuarial Values of Small Health Plans. Contact your insurance provider and ask for a breakdown of your insurance premiums.

Deductions 41

Deductions Deductible Health Insurance Disability Insurance 41

Empuls

DECEMBER 29, 2022

While the insurance premium is discretionary, plans include regular check-ups and eye and dental coverage. Some employers also offer short or long-term disability insurance for those affected and unable to work. Others go beyond by providing disability insurance for when an employee becomes disabled and cannot work.

Family and Medical Leave Act 52

Family and Medical Leave Act Disability Insurance Retirement Plan 401(k) 52

Business Management Daily

MAY 2, 2023

The Equal Employment Opportunity Commission (EEOC) provides guidelines for when employers can share medical information & medical histories: If an employer needs to provide reasonable accommodation to an employee due to a medical issue or injury, managers and supervisors are allowed access to that employee’s medical records.

Medical 52

Medical Family and Medical Leave Act Mining Healthcare 52

Business Management Daily

MAY 2, 2023

The Equal Employment Opportunity Commission (EEOC) provides guidelines for when employers can share medical information & medical histories: If an employer needs to provide reasonable accommodation to an employee due to a medical issue or injury, managers and supervisors are allowed access to that employee’s medical records.

Medical 52

Medical Family and Medical Leave Act Mining Healthcare 52

CorpStrat

FEBRUARY 12, 2024

We’re talking about things like illness, disability, or the loss of a key team member. This is where the importance of employee benefits, key person insurance, and disability insurance comes into play. Protecting Your Business MVPs Most companies have health insurance to cover medical expenses and illnesses.

Disability Insurance 95

Disability Insurance Insurance Life Insurance Commissions 95

Workers' Compensation Perspectives

JANUARY 1, 2019

The COLA escalator is automatic but wage loss benefits are offset by disability benefits a worker receives from CPP and QPP at a rate of 50%. This partial integration or offset is common in workers’ compensation and disability insurance, although the degree of integration (and which benefit is reduced) varies.

Workers’ Compensation 52

Workers’ Compensation Pension Health and Welfare Insurance 52

Business Management Daily

JULY 8, 2024

Should they have a protected disability, they can request reasonable accommodations from your organization, and the EEOC (Equal Employment Opportunity Commission) will require you to do so (as long as it doesn’t place undue hardship on your business). In particular, the SSA runs disability insurance programs.

Medical 40

Medical Disability Insurance Overtime Commissions 40