Remove Disability Insurance Remove Overtime Remove Payroll Remove Retirement Plan
article thumbnail

Importance of Employee Benefit Package And Why it Matters

HR Digest

To drive company’s success, benchmark and budget a benefit plan that attracts the skilled employees, is needed to keep the employees performing at their best. Payroll taxes 2. Overtime pay 3. Health insurance Those benefits provide a baseline of employee expectations. Health insurance 2. Mandatory leave 5.

article thumbnail

What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Processing payroll doesn’t have to be complicated or expensive—but if you’re doing it the wrong way, it can be both.

401(k) 40
article thumbnail

What is a PEO?

Insperity

Is your payroll a pain in the neck? These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.” Payroll processing. Payroll processing. ” What is co-employment?

Payroll 98