Remove Employee Wellness Remove Health Insurance Remove PTO
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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance. Naturally, most businesses can’t afford the king suite of benefits—unlimited PTO, free insurance, etc. You might be thinking, “Well, of course, they would.” Health insurance.

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Is your employee wellness program up to par?

Insperity

In the last few years especially, employee wellness programs have soared in prominence. The COVID-19 pandemic and all the stressors placed on workers during this tumultuous time have highlighted how critical mental health , work-life balance and overall wellbeing are. Why do employee wellness programs matter?

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Why employee wellness matters – and how it’s good for business

Insperity

There is a direct link between improving employee wellness and achieving several critical benefits for your overall business. Therefore, it’s very important for employees that the workplace promote wellbeing. Decreasing employee turnover and, instead, retaining employees for longer periods of time.

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Employee wellness matters: Exploring the benefits of health insurance

Higginbotham

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. When it came to creating a wellness program that included health insurance, American workers paid for their own health care until the 1940s. In a 2020 survey of large U.S.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

In fact, you may be required by law to provide some of these benefits to employees. Health insurance Health insurance aims to assist employees with the costs of obtaining medical care. Optional dental and vision care are usually offered alongside health insurance for an added fee.)

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Examples of fringe benefits by category

Business Management Daily

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. Different benefits appeal to different teams, but what matters most is providing more than just the bare minimum—health insurance, workers’ compensation, and a competitive salary.

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Total Compensation Report Sample: A Guide for HR Professionals

COMPackage

TCRs shed light on this by detailing all aspects of an employee’s compensation, including: Base Salary: The core component, clearly outlining the annual or hourly wage. Benefits: A breakdown of employer-provided benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs.

PTO 40