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ChartHop

HR Lineup

Users can set up salary structures, define pay grades, and assign roles and responsibilities. ChartHop also enables HR teams to track employee salaries and bonuses, as well as other incentives such as stock options, equity grants, and benefits.

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Spread the Word About Additional HSA Contributions

InterWest Insurance Services

Under IRS rules, for 2023 employers and employees can contribute a combined $3,850 for single employees and $7,750 for families. Since funds workers contribute to their HSA are made before their salaries are taxed, they reduce their overall taxable income. Withdrawals to reimburse for these expenses are also not taxed.

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How to Coax Disengaged Employees to Sign Up for Health Coverage

InterWest Insurance Services

One of the most difficult aspects of annual open enrollment is reaching workers who are disengaged from the process and never bother signing up for your group health plan and other benefits they could take advantage of. These accounts can be kept for life and transferred to new employers.

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On-site, fully remote, or hybrid? 3 things you must consider before deciding.

Business Management Daily

A self-service mobile app lets employees enroll in benefits and access timesheets, W-2 forms and other payroll data. This cloud-based tool is designed for small and midsized businesses and includes benefits, payroll , an applicant tracking system (ATS) and various employee engagement tools. Some large employers already have.

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Employee Benefits Providers: What Employers Need to Know

Empuls

The role of employee benefits providers Employee benefits providers play a critical role in enhancing employee satisfaction and retention by offering comprehensive benefits packages that meet the diverse needs of today’s workforce.  Consider cost and value : Research indicates businesses typically spend 1.25

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What is a 401(k) Plan and How Does it Work?

HR Digest

A 401(k) plan is a type of retirement account offered by employers to their employees. It allows employees to save a portion of their pre-tax income for retirement. The contributions are deducted from the employee’s paycheck before taxes are withheld, which reduces their taxable income. How does 401(k) work?

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Compensation Plan Template Samples For Workers

HR Digest

A compensation plan template is used by the organizations to reveal the salaries, perks, benefits, bonuses and other associated settlement that will be offered to the employee. The benefits will be equitably offered to all the employees.