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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.

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What Companies Should Know Before Offering Employee Life Insurance

Pacific Prime

Companies offering employee life insurance as part of their employee benefits package is an excellent talent retention strategy. A life insurance policy will help protect the employees’ dependents from financial pressure when meeting outgoing expenses in the event of the former’s untimely passing.

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Parsing MHPAEA Claims Under the Proposed Rule: E.W. v. Health Net Life Insurance Company

McDermott Will & Emery Employee Benefits

Health Net Life Insurance Company appeared first on EMPLOYEE BENEFITS BLOG. The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments).

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Do You Offer Group-term Life Insurance? Here’s What That Means for Taxes

Patriot Software

Company-sponsored life insurance is a pretty popular employee benefit. Eighty-five percent of organizations offer it, and 98% of employees with access to the benefit enroll. Thinking about offering group-term life insurance? Like any benefit, first understand employer tax responsibilities.

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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?” Pet benefits: For those who consider their furry friends part of the family, pet insurance and other forms of pet benefits can help cover unexpected veterinary costs.

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Legal & Legislative Reporter: Court Allows a Life Insurance Conversion Dispute to Move Forward

International Foundation of Employee Benefit Plans

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. District Court for the […] The post Legal & Legislative Reporter: Court Allows a Life Insurance Conversion Dispute to Move Forward appeared first on Word on Benefits.

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Top 7 Employee Benefits and Incentives

Employee Benefits

Based on the average hourly rate of £14.38, these sick days would cost a company with 49 employees a total of £26,972 — almost the entire annual income of the average UK employee. Life Insurance In the wake of the pandemic, many relatively young individuals are becoming more concerned about the financial security of their loved ones.