Remove Disability Insurance Remove Employee Loyalty Remove Taxes
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Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

You as an employer can help by offering group disability insurance to your employees. This insurance helps replace a portion of a worker’s income if they lose their income due to an injury or illness. Typically, disability insurance policies will replace between 50 and 65% of a worker’s income.

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How to offer health insurance as a small business

Higginbotham

However, employee recruitment and retention aren’t the only reasons to offer health insurance. Although it may seem easier to boost wages and forget about employee benefits, due to potential tax breaks, offering health insurance can be a financially sound strategy.

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Prioritize Financial Well-being in the Workplace

Empuls

they encourage employee loyalty and commitment to the company's goals 4. Mental health Companies should take a lesson from the pandemic by analyzing the connection between financial wellness and mental health to avoid causing their employees' financial stress. What are the tax implications of these benefits?

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Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

Vantage Circle

While exact figures differ, it's evident that employees who feel valued are more likely to stay with their organization. peoplekeep.com Unlocking Tax Advantages Many employee benefits offer tax advantages for both employers and employees. Implement a PTO buy-back program for employees who want extra cash.