Higginbotham

NOVEMBER 12, 2024

Employers wishing to provide legal services as an employee benefit typically have two primary options: Standalone Legal Services Benefit: Legal insurance can be provided as a voluntary benefit, with employees covering the cost through payroll deductions.

Voluntary Benefits 52

Voluntary Benefits Insurance Benefits Package Health Insurance 52

InterWest Insurance Services

APRIL 27, 2023

A new report has found that small businesses that purchase their group health insurance online or through payroll vendors saw the largest premium hikes in 2022, significantly higher than those that went through brokers. Gap plans can help by providing coverage when employees have not met their health care deductible.

Health Insurance 98

Health Insurance Insurance Out of Pocket Cost Deductions 98

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

CorpStrat

DECEMBER 3, 2021

Be sure to clearly explain the deductions that employees will make from their paychecks. Offer Voluntary Benefits. More than ever, employers need to build a robust package that includes things like voluntary benefit programs. We’re here to help. Reach out to us at 818.377.7260 or marketing@corpstrat.com.

Voluntary Benefits 98

Voluntary Benefits 401(k) Benefits Package Deductions 98

Higginbotham

JULY 19, 2022

Payroll processing is a necessary part of having employees. It can seem simple at first glance, but when you start adding in things like overtime and vacations, the payroll process can start to get complicated. That’s why payroll services for small businesses can be a lifesaver. Payroll Mistakes Happen.

Payroll Service 52

Payroll Service Payroll Outsourcing Payroll Overtime 52

CorpStrat

AUGUST 11, 2022

Voluntary Benefits. Voluntary Benefits, commonly referred to as AFLAC, can help employees maintain their income by paying cash benefits directly to them. Employees can use these cash benefits to help cover rent, groceries, and other daily living expenses while they’re out of work.

Voluntary Benefits 52

Voluntary Benefits Employee Benefits Benefits Package Medical 52

Higginbotham

AUGUST 13, 2024

And, for most hospital indemnity plans, there are no deductibles, provider networks or other complications to worry about. Your employees may use their hospital indemnity insurance benefits to cover deductibles, copays, out-of-network costs and other expenses associated with a hospital stay. However, education is key.

Hospitality 52

Hospitality Insurance Voluntary Benefits Benefits Package 52

Genesis HR Solutions

JULY 31, 2018

According to Apex Human Capital , it’s estimated that businesses outsource about 33 percent of their human resource operations and around 30 percent of their finance operations, including payroll processing. What is payroll processing outsourcing? Transparent payroll reporting. Why should companies consider outsourcing payroll?

Payroll 40

Payroll Outsourcing Payroll IT Payroll System 40

Higginbotham

MAY 4, 2023

The Convenience of Payroll Deductions When supplemental life insurance is available through work, employees often pay for coverage using payroll deductions. Instead of having another bill to pay each month, they simply sign up to have the supplemental employee life insurance premiums deducted from their paychecks.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

Business Management Daily

JUNE 16, 2023

While fortunately a rare circumstance, dealing with payroll for a recently deceased employee can be tricky. Hopefully this isn’t an issue that comes up for your payroll department often, but it’s important to know what to do, and get it right, in the event that it does happen. What pay is taxable?

Taxes 52

Taxes 401(k) Payroll Voluntary Benefits 52

Higginbotham

JANUARY 4, 2022

There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits. With employer contributory ancillary benefits, the employer usually pays 50 to 100 percent of the premiums. With voluntary ancillary benefits, the employer may contribute up to 49 percent of the premiums.

Health Insurance 52

Health Insurance Insurance Disability Insurance Life Insurance 52

Business Management Daily

JUNE 12, 2020

Out of the deceased employee’s final regular pay, continue to deduct for all involuntary deductions (e.g., taxes and garnishments) and for all voluntary benefits (e.g., You need to determine what goes into and comes out of the final check. health, dental, vision, retirement).

Voluntary Benefits 52

Voluntary Benefits Deductions Deductible Taxes 52

Higginbotham

MARCH 2, 2023

Eligibility for Social Security Disability Insurance benefits is based on work history and payment of payroll taxes. Group disability insurance benefits are provided by employers, often on a voluntary basis. The employer may pay for the premiums, or the employee may pay, often via payroll deductions.

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Benefits Package 52

Higginbotham

APRIL 7, 2022

There may also be a deductible and coverage limits. However, many workers will be happy to receive coverage, and for these workers, pet insurance can be offered as a voluntary benefit. Pet insurance benefits may also give employers an advantage in their talent recruitment and retention efforts.

Insurance 52

Insurance Benefits Package Health Insurance Deductions 52

WEX Inc.

MARCH 30, 2023

WEX voluntary benefits is an additional benefit that employers can offer at a discounted group rate, with employees either fully or partially paying for the benefits through a payroll deduction. Pet-sitting discounts can be a great way to show your employees that their furry friends are valued.

Voluntary Benefits 52

Voluntary Benefits Taxes Recruitment Deductions 52

GRA Benefits Group

OCTOBER 2, 2020

Voluntary benefits. You know, people are wanting voluntary benefits like life insurance, especially in a pandemic. Mike Ramsby: It can integrate with payroll as well. So the integration with payroll reduces steps. And then we do payroll and carrier audits. Compliance. Did I comply with Cobra?

Life Insurance 52

Life Insurance Payroll Insurance Voluntary Benefits 52

InterWest Insurance Services

MARCH 1, 2024

As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company. Voluntary benefits have been becoming more popular among employers in recent years as unemployment falls.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Deductions Deductible 98