Employee Benefits

FEBRUARY 8, 2023

Offering employee benefits to support access to private healthcare can be cost-effective for employers in the UK, given the demands and waiting times on the NHS. Employers can negotiate preferential rates with private healthcare providers, making private healthcare more affordable for employees.

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Genesis HR Solutions

SEPTEMBER 21, 2021

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. What is the best way to provide insurance? Should you provide insurance at all? Why Health Insurance For Small Businesses Matters. Finding it a challenge to offer great benefits?

Health Insurance 52

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Griffin Benefits

JULY 5, 2023

Employers of every size continue to struggle with the rising costs of healthcare, which ultimately increases the cost of medical premiums for everyone. One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance.

Health Insurance 52

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WEX Inc.

JUNE 5, 2023

If you’re a small business owner, the qualified small employer health reimbursement arrangement (QSEHRA) might be the benefits plan you’re looking for. Offering a QSEHRA lets you deliver healthcare savings for your employees, which could pay off as a retention and recruitment tool as you grow your business.

Health Insurance 94

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WEX Inc.

MAY 17, 2019

Artificial Intelligence and Healthcare Benefits. Second only to compensation, health insurance is one of the most important benefits employers offer.

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Qandle

JANUARY 29, 2025

Some of the most common compliance risks that businesses face in payroll include: Tax Compliance Risks: Employers are responsible for withholding federal, state, and local taxes from employee wages and remitting these amounts to the appropriate tax authorities. Failing to do so can result in penalties, interest, and even legal action.

Payroll Software 90

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Employee Benefits

MARCH 10, 2023

Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. Fringe benefits are the additional benefits offered to an employee which supplement their stated salary for the service they offer. This can include free health insurance or a company car.

Employee Benefits 104

Employee Benefits Health and Welfare Health Insurance Work From Home 104

Corporate Synergies

FEBRUARY 11, 2019

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. The Baby Health Insurance Playbook isn’t really a book. As Seen In.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Insperity

SEPTEMBER 14, 2021

Choosing the right professional employer organization (PEO) for your company is a huge project. CPA-affirmed documentation that they remit employment taxes in a timely manner. Background reports of their individuals responsible for employment tax payments. Documentation that they have positive working capital.

Professional Employer Organization 90

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Empuls

AUGUST 27, 2024

Approximately 73% of employees are more inclined to stay with their current employer if offered additional benefits. Flexible Benefits Allowance : Provide a flexible benefits package where employees can allocate funds to perks that matter most to them, such as gym memberships, childcare, or health insurance upgrades.

Parental Leave 40

Parental Leave Health Insurance Salary Bonuses 40

Best Money Moves

DECEMBER 20, 2018

Employees want benefits that support employees’ diverse needs like transgender-inclusive healthcare benefits, fertility assistance and pet perks. Healthcare benefits have been a hot topic this year, but healthcare regulation is in flux and as costs soar across the board, cost-management has become a priority.

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Employee Benefits

MAY 22, 2023

On a basic level, employers might provide private healthcare to staff as a way of insuring against the loss of valuable workforce and earning power that comes when serious medical conditions are not supported properly or swiftly. More than just protecting profits, PMI can help make an organisation into an employer of choice.

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Benefit Resource Inc.

FEBRUARY 23, 2021

Lately, we’ve seen an uptick in questions around the roles of responsibilities of your company’s broker, your TPA (that’s us), and your health insurance provider. And where does your health insurance carrier play into this? What is a health insurance carrier? Let’s break it down.

Insurance Carriers 72

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Business Management Daily

MAY 17, 2021

When current and future employees examine a company’s benefits package, they typically expect to see employer-sponsored health insurance among the offerings. With rising medical costs, employee concern over health insurance coverage will not wane any time soon. Employers stand to benefit, too.

Employee Wellness 95

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Insperity

JULY 27, 2021

Are rumors about companies that have had professional employer organization problems keeping you from hiring a PEO? And it’s natural to have a few concerns at first, especially if co-employment is a new concept to you. But rest assured — a PEO is employer for certain purposes only (e.g., payment of wages and payroll processing).

Professional Employer Organization 111

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PeopleKeep

OCTOBER 29, 2021

Employers offering a high deductible health plan (HDHP) have several ways to offset the higher out-of-pocket costs and make the benefit more meaningful for employees. One way is to offer a health savings account (HSA) alongside the HDHP. So how do you know if your HDHP is HSA-qualified?

Out of Pocket Cost 52

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Best Money Moves

JULY 19, 2019

The annual employee benefits survey from the Society for Human Resource Management (SHRM) provides data on the prevalence of benefits over time to help employers determine which employee benefits are most in-demand and which ones are phasing out. 10 Pet-Friendly Employee Benefits. 5 Tech Benefits for Employees.

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Best Money Moves

OCTOBER 16, 2019

Being more knowledgeable about health insurance benefits will help them enroll in the plan that’s right for them. This level of apprehension may explain why employees make hasty benefits decisions. Health Plan Deductible – The amount a person pays for health care services before insurance coverage starts.

Out of Pocket Cost 45

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Flimp Communications

NOVEMBER 15, 2019

What employees want when determining their healthcare options doesn’t always match what employers think they want. SHRM observed that employers and employees have different ideas about the best methods for selecting and enrolling in healthcare benefits. The problem? Comprehension or the Lack Thereof.

Health Insurance 64

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Best Money Moves

SEPTEMBER 25, 2024

Employees are experiencing a healthcare crisis due to financial concerns. These are the best strategies employers can use to help. American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Managing healthcare costs isn’t easy.

Healthcare 52

Healthcare Health Insurance Medical Insurance 52

WEX Inc.

JULY 1, 2023

Individual Coverage Health Reimbursement Arrangements (ICHRAs) were rolled out prior to COVID-19 striking the United States, but the demand for this new product is expected to skyrocket, as more and more employers look for ways to bring stability to their healthcare costs. Want to know more? Why were ICHRAs created?

Health Insurance 52

Health Insurance Healthcare Taxes Insurance 52

Qandle

SEPTEMBER 20, 2023

Payroll taxes are a crucial aspect of every employer’s financial responsibilities. These taxes are collected to fund various government programs and benefits, including Social Security, Medicare, and unemployment insurance. The current Social Security tax rate for employers and employees is 6.2%

Taxes 52

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Best Money Moves

DECEMBER 18, 2019

How employers are planning to expand recruitment efforts to attract and retain the right talent in a tight labor market. Employers are ready to pay up to combat the skills shortage in the new year. . Hays drew from a national survey of more than 3,500 employers and employees across the U.S. Top 10 Employee Benefits for 2020.

Out of Pocket Cost 59

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Flimp Communications

APRIL 7, 2020

Several industries have workers striking (or threatening to strike) over working conditions, employee compensation and leave or healthcare benefits. No one can doubt that healthcare workers and those in industries like grocery stores are valued right now, both by their employers and society at large.

Employee Compensation 78

Employee Compensation Healthcare Health Insurance Healthcare Benefits 78

Best Money Moves

OCTOBER 1, 2024

The 4 Important Insurance Terms Gen Z Employees Need To Know. Gen Z employees often struggle to understand common insurance terms. Learn about how employers can help with financial wellness benefits. Insurance is a complex topic, no matter how experienced you are.

Insurance 52

Insurance Deductible Deductions Education 52

Best Money Moves

JULY 10, 2018

The truth is many employees need help navigating healthcare benefits to lower out of pocket expenses and avoid , “financial toxicity.”. Employer tackles student loan debt and retirement. A simple gesture to support employee’s mental health. On-demand health insurance. What can you do about it?

401(k) 45

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Vantage Circle

NOVEMBER 23, 2023

Expectations of employees regarding employee perks in the US Key benefits of having an employee perks program in place 12 effective employee perks in the US Don't forget to take action Before we delve further, let us glimpse at the concept of employee perks and how they are important in workplace scenarios across the US. percent and 36.1

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Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 65

Enjoy Benefits

JULY 5, 2022

In this ‘My Benefits’ series of blogs, we discover how employees from all walks of life are getting the most out of employee benefits. It’s proven that employees tend to engage with four or more benefits offered by their employer. This second ‘My Benefits’ diary comes from Lou , a 53-year-old charity administrator.

Healthcare 52

Healthcare Health Insurance Healthcare Benefits Salary 52

Business Management Daily

JUNE 10, 2021

Employers are realizing that they need to provide mental health care. However, simply offering mental health care isn’t necessarily enough. Employees also expect quality mental health care. Minimal coverage means costs can add up quickly, and many insurance plans only cover limited mental health-related needs.

Healthcare 52

Healthcare Insurance Utilities Medical 52

Empuls

DECEMBER 17, 2024

Understanding cool benefits for employees The term "cool benefits for employees" encompasses unique perks and incentives that elevate the workplace experience beyond traditional salary and health insurance packages. This highlights the importance of a diverse benefits package in retention strategies.

Parental Leave 40

Parental Leave Family and Medical Leave Act Health and Welfare PTO 40

Vantage Circle

APRIL 15, 2019

The two way street of appreciation between employees and employers has been simplified massively by employee perks and benefits. If you are guessing that this article will point out the do’s and don’t and give a brief introduction about the Employee Benefits And Perks, then you probably didn’t read the heading properly!

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McDermott Will & Emery Employee Benefits

JULY 25, 2022

A group of conservative Texas lawmakers is warning employers of potential civil or criminal consequences if they offer out-of-state abortion access to their employees. The post Workers’ Abortion Privacy at Risk as Texas Targets Employer Aid appeared first on EMPLOYEE BENEFITS BLOG. The goal is not […].

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