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

COMPackage

Variable pay: Include information about bonuses, commissions, or incentive pay, if applicable. Benefits: Detail all benefits offered, including health insurance, retirement plans, paid time off, disability insurance, and life insurance.

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Breaking Down the Components of a Total Compensation Statement: Unveiling the Value Proposition

COMPackage

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. Delivering Options Catering to diverse preferences is key.

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How to Effectively Manage Payroll Services?

Qandle

Other kinds of employee remuneration, including commissions, bonuses, reimbursements, and 13th-month pay, are also included in the payroll. Choose a payroll system that meets both your present and future business demands, as well as your potential for expansion. Select software that is scalable.

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Prioritize Financial Well-being in the Workplace

Empuls

Financial wellbeing refers to being secure and in control of your finances, both in the present and future. 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.

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Who should not have access to employee medical records?

Business Management Daily

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.

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Who should not have access to employee medical records?

Business Management Daily

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.

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