Remove Employee Benefits Remove Employment Remove Retirement Plan
article thumbnail

2025 employee benefits trends: What employers need to know

WEX Inc.

When it comes to 2025 employee benefits trends , many companies are seeking innovative solutions to meet the changing needs of their workforce. Shaped by changing work environments, economic pressures, and technological advancements, the following trends are emerging as essential components of a competitive benefits package.

article thumbnail

What Is a Qualified Retirement Plan?

HR Lineup

For such a program to enjoy any tax benefits , it has to conform to the standards set in the US tax code, section 401a. Types of Qualified Retirement Plans. There are three classes of qualified retirement plans, namely: 1. Defined benefits plan. Hybrid plan. Examples of qualified plans.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Future of Work: Key Trends in Employee Benefits for 2025

HR Digest

In this era of transformation, employee benefits have emerged as a strategic lever for attracting, retaining, and engaging top talent. So, what does the future hold for employee benefits in 2025? Lets dive into the key trends shaping employee benefits in the workplace. In 2025, personalization is paramount.

article thumbnail

HRIS vs. ATS: Which HR Tool Best Fits Your Business Hiring Needs?

HR Lineup

Benefits Administration: Tracks and manages employee benefits, such as health insurance, retirement plans , and leave policies. An HRIS (Human Resource Information System) is employee-centric, designed to handle various aspects of employee management and administration throughout the entire employment lifecycle.

article thumbnail

4 considerations when choosing employee benefits for the first time

WEX Inc.

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” Click here for the first blog post in our series on choosing a health plan for the first time. Assess your ability to cover the deductible before choosing this plan.

article thumbnail

6 steps to designing a great employee benefits program

Achievers

What do you think of when employee benefits are mentioned? Traditional offerings like health insurance and retirement plans are likely the first things that come to mind. Today’s workforce is experiencing a new level of empowerment, and that comes with high expectations potential employers need to meet.

article thumbnail

Employee Benefits: The Only Guide You Need

Achievers

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.