InterWest Insurance Services

DECEMBER 20, 2022

If you already have a qualified retirement plan (such as a 401(k) or a payroll-deduction IRA) for your employees, you do not have to participate. Participating employers will deduct a default rate of 5% of pay from the paycheck of each employee at least 18 years old and deposit it into the individual’s CalSavers account.

401(k) 98

401(k) Paid Sick Leave Retirement Plan Workers’ Compensation 98

Business Management Daily

JUNE 11, 2024

If you live in a state such as California, New York, or Washington with paid family leave laws in place, your paid parental leave policy will generally be crafted around the state program rather than an individually-designed, company-sponsored program. Employees often offer paid leave policies to help supplement the FMLA.

Parental Leave 98

Parental Leave Family and Medical Leave Act Employee Benefits Paid Leave 98

Empuls

DECEMBER 24, 2024

Some of its key components include: Health insurance: Covers medical expenses. Paid time off (PTO): Employees can take time off with pay. Life and disability insurance : Provides financial support in emergencies. Retirement plans : Helps employees save for the future.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

Insperity

AUGUST 9, 2016

Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). Leaves of absence. Choosing a high-deductible plan may help you pay less in premiums, but requires your employees to cover more of their costs out of pocket. Workers’ compensation.

Banking 52

Banking Employee Benefits Disability Insurance 401(k) 52

Insperity

MARCH 12, 2024

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

HR Digest

SEPTEMBER 11, 2023

Paid family leave by state, or paid family and medical leave (PFML), is a state-specific family leave law that provides employees with paid family and medical leave. states offering family leave require employees and/or employers to contribute to a paid leave fund.

Family and Medical Leave Act 86

Family and Medical Leave Act Paid Sick Leave Paid Leave Parental Leave 86