Achievers

FEBRUARY 2, 2021

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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HR Lineup

MARCH 31, 2023

One of the biggest challenges is managing the employer-employee relationship, and this is where Employer of Record (EOR) and Professional Employer Organization (PEO) services come in. They both offer a range of services, including payroll, taxes, benefits, compliance, and risk management.

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Money Talk

AUGUST 18, 2022

During this “Great Resignation” era when many workers are changing jobs or considering a job change, it is more important than ever to consider various types of employee benefits and their economic value. Also known as “fringe” (short for fringe benefits) or “perks.” health insurance) ¨ improve employee morale (e.g.,

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Employee Benefit News

AUGUST 13, 2024

Employers must determine if their health insurance plans actually encourage workers to seek care.

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PeopleKeep

JUNE 12, 2024

Traditional group health insurance is a type of health insurance plan employers offer their employees and their families at a discounted premium rate. Because of its familiarity and tax benefits, group health insurance is a sought-after employee benefit.

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Empuls

AUGUST 28, 2024

This alarming statistic signals a pressing need for businesses to reevaluate their benefits offerings. Furthermore, research shows that 73% of employees are significantly more likely to remain with an employer that provides a comprehensive benefits package. What are employee benefits providers?

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Employee Benefit News

SEPTEMBER 12, 2024

Troy Sisum, chief legal officer of Imagine360, explains how employers can avoid litigation over their health insurance plans.

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Pacific Prime

OCTOBER 2, 2024

Around the globe, individuals, families, and organizations are feeling the pinch as the cost of health insurance continues to rise. The post Key Drivers of Health Insurance Premiums and Considerations for Employers appeared first on Pacific Prime's Blog.

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BerniePortal

AUGUST 3, 2021

It’s no secret that health, dental, and vision insurance plans remain the most popular employee benefit. In fact, 88% of workers surveyed reported that they would consider or heavily consider a position with good insurance options. However, employer-sponsored health insurance is costly.

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PeopleKeep

MAY 18, 2022

Having access to employee benefits like health insurance isn’t always guaranteed for part-time employees. According to the Bureau of Labor Statistics , only 23% of employees with part-time jobs were offered employer-sponsored health insurance.

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PeopleKeep

OCTOBER 30, 2024

Providing affordable health insurance to employees can boost your benefits package and help you recruit qualified full- and part-time workers. And yet, while 89% of full-time workers have health coverage from their employers, only 26% of their part-time counterparts do 1.

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HR Lineup

APRIL 11, 2023

Employment is a significant part of our lives, and it comes with various benefits and perks. One of these benefits is the provision of employee benefits. The provision of these benefits can significantly impact employee satisfaction, motivation, and retention. What are Global Benefits Services?

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HR Lineup

FEBRUARY 13, 2023

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. The company offers a wide range of benefits solutions to help organizations of all sizes attract, retain, and engage their employees.

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PeopleKeep

OCTOBER 9, 2024

The traditional healthcare benefit options for employers remain group health insurance. But, group policies are difficult for small employers to offer. The introduction of the QSEHRA in 2016 gave small business owners access to an affordable and flexible health benefit.

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Employee Benefits

NOVEMBER 2, 2023

More than four million people are now covered by health insurance through their employer, according to data from the Association of British Insurers (ABI). The number of employees benefitting from health insurance increased by 8% from four million in 2021 to 4.4 million in 2022. The post 4.4

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Patriot Software

OCTOBER 4, 2022

You probably know that offering employee benefits helps you hire and retain top talent. But did you know that 88% of employees consider health insurance benefits when choosing a job? Although the majority of employees want good health insurance benefits, it can be expensive to provide.

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HR Lineup

JUNE 20, 2023

Although these terms are often used interchangeably, they represent distinct stages in the employee integration process. In this guide, we’ll delve into the differences between new hire orientation and onboarding, their significance, and best practices for employers to ensure a smooth transition for their new hires.

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Insperity

APRIL 29, 2021

There’s no getting around it – employers pay a hefty sum to provide health care benefits for their employees. The average private-sector employer spends an average of $2.65 per hour, per employee, for health-insurance costs, according to Sept. The importance of providing benefits to employees.

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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. Overall, more than half of SMB employees opt out of their employer-sponsored coverage.

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CorpStrat

JANUARY 10, 2025

Here is how CorpStrat can help: CorpStrat is working with employers and employees to share how health insurance companies are helping those affected by the fires. Insurance carriers have staffed hotlines to help. Affected by the SoCal Fires? Reach us if we can help you in any way.

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Higginbotham

OCTOBER 29, 2024

Navigating employee benefits can be complex for employers, especially when balancing cost control with providing comprehensive offerings to workers. This is where a benefits broker can become indispensable. Talk to an Employee Benefits Broker What is a benefits broker?

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Insperity

MARCH 29, 2022

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

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Pacific Prime

MARCH 9, 2023

With so many flashy, new wellness benefits on the rise in the industry, it can be easy to forget about the more common perks like employee medical insurance. Employer-provided health coverage has become the standard foundation benefit for the platform of many companies.

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HR Digest

MAY 21, 2023

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. Employee benefits have become an essential part of any competitive compensation package.

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Best Money Moves

JULY 8, 2020

Top 10 employee benefits for 2021. HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. But what can employers do to help?

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HR Lineup

APRIL 10, 2023

They act as a liaison between employees and management, handling conflicts and ensuring that employees are treated fairly and with respect. HR professionals are responsible for managing employee benefits programs, such as health insurance, retirement plans , and paid time off. How do HR Support Employees?

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Joe Markland

JANUARY 26, 2022

A familiar mantra about why health insurance is so expensive is that the cost of healthcare is expensive. It is the third-party financing through employers that drives the underlying costs — not vice versa. To read the rest of the article as it was published in Employee Benefits News click HERE.

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HR Digest

MARCH 12, 2025

In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. What are fringe benefits? But what exactly is the meaning of fringe benefits, and why do they matter? Financial Incentives Beyond salaries, employers might offer retirement plans (e.g.,

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Empuls

AUGUST 27, 2024

Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensive benefits in kind do well in the market for acquiring and retaining key brainpower.

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Employee Benefits

MARCH 10, 2023

A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. What are fringe benefits? This can include free health insurance or a company car.

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Business Management Daily

SEPTEMBER 16, 2024

Handling employee benefits and other HR services in-house is extremely difficult for many small businesses. According to research by Secure Data Recovery, 88% of employees have worked at a small business without a dedicated HR team. Professional employer organizations (PEOs) offer a cost-effective solution to this problem.

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McDermott Will & Emery Employee Benefits

DECEMBER 13, 2023

The enactment of the Affordable Care Act in 2010 led to a sharp increase in employers self-funding their group health insurance plans, with the market tripling in size in the decade that followed.

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PeopleKeep

MARCH 17, 2022

Many employers are transitioning away from traditional group health insurance by offering more flexible health benefits such as a health reimbursement arrangement (HRA) or health stipend. At the same time, many employees are taking advantage of health insurance subsidies, such as premium tax credits.

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McDermott Will & Emery Employee Benefits

FEBRUARY 24, 2022

US employers have grown increasingly interested in identifying incentives that increase COVID-19 vaccination among employees. The post Agencies Clarify How Employers Can Charge COVID-19 Vaccine Premium Incentives appeared first on EMPLOYEE BENEFITS BLOG.

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Best Money Moves

NOVEMBER 1, 2023

3 ways to improve your employee benefits communication. Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication.

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HR Lineup

MAY 28, 2024

As we step into 2024, the landscape of employee benefits and perks is continuously evolving. These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being. This support can lead to reduced absenteeism and better overall health.

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InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. Sixty-four percent of employees surveyed said they do not have access to an emergency savings option through their employer.

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