Remove Deductions Remove Parental Leave Remove PTO
article thumbnail

Paid parental leave: The must-have employee benefit for top talent

Business Management Daily

Paid parental leave policies are an excellent way to enhance employee benefit offerings and support the well-being of new parents within your Company. Offering robust benefits, including parental leave, can also help support more competitive recruiting and better retention.

article thumbnail

Examples of fringe benefits by category

Business Management Daily

High-Deductible Health Plans (HDHPs) with Health Savings Accounts (HSAs) : HDHPs have lower premiums but higher deductibles compared to traditional health plans. Deductibles can be paid with tax-advantaged/tax-free spending accounts funded by employees and employers. Let IRS Publication 15-B be your tax guide to fringe benefits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Paid time off PTO allows employees to take breaks from their busy schedules and recharge. Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave.

article thumbnail

Eight Key Trends In Staff Benefits Programs In 2025

Empuls

  These benefits range from health insurance to retirement plans, paid time off (PTO), and wellness programs. Paid time off (PTO): Employees can take time off with pay. This includes offering high-deductible health plans combined with Health Savings Accounts (HSAs) to help employees manage costs.

article thumbnail

How to Write an Employee Handbook For Your Business

15Five

What’s the deductible for our health program again? PTO policy: PTO policies are unclear for too many employees. Parental leave: Since this varies depending on your jurisdiction, it’s important to specifically mention the policies you have in place around parental leave.

article thumbnail

Comprehensive Guide to the Best Employee Benefits Options for 2024

Empuls

Paid time off (PTO) PTOs include vacation days, sick leaves, and personal days. Take Netflix, for instance; they have enormous health and wellness programs , among them mental health resources and generous parental leave, all combined to ensure high satisfaction and low attrition rates for their workforce.

article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Here are some ideas for time off and flexible work arrangements: Paid time off (PTO) : PTO is a standard benefit offered by many employers, allowing employees to take time off for vacations, personal days, and other reasons without losing pay. In addition, an additional tax deduction of up to rs. An additional deduction of rs.