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16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). However, some businesses offset this cost to their employees by contributing money to health savings accounts. These required benefits may include: Social Security.

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People over perks: Bridging employee benefits with strong HR

Insperity

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

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.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Offers extensive savings through exclusive discounts and deals. JustWorks Justworks is a professional employer organization (PEO) specifically tailored to cater to the needs of small and midsize businesses. By partnering with Justworks, businesses access a comprehensive range of essential features.

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

Vantage Circle

Disability Insurance: Protecting Income During Life’s Unexpected Turns Accidents and illnesses can disrupt financial stability. Offering disability insurance ensures employees are protected if they can’t work due to medical reasons. Ideas: Offer both short-term and long-term disability coverage.