BerniePortal

APRIL 18, 2022

As part of that enrollment process, employers often offer ancillary benefits like basic life insurance as well, but unlike health coverage , basic life coverage alone may not be enough to cover all of an employee’s needs—especially if they have a family. So, how does basic life insurance work?

Life Insurance 95

Life Insurance Insurance Healthcare Employment 95

Patriot Software

NOVEMBER 8, 2021

Company-sponsored life insurance is a pretty popular employee benefit. Thinking about offering group-term life insurance? Like any benefit, first understand employer tax responsibilities. Read on to learn: What is group-term life insurance? Is group-term life insurance taxable?

Life Insurance 98

Life Insurance Taxes Insurance Employee Benefits 98

WEX Inc.

OCTOBER 29, 2024

Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. They can genuinely improve your quality of life. Voluntary benefits are typically tied to your current employer.

Voluntary Benefits 93

Voluntary Benefits Life Insurance Health Insurance 93

Money Talk

JUNE 22, 2023

Who is going to get what you someday leave behind in life insurance policies and/or tax-deferred retirement accounts? Beneficiary Use- Beneficiary designations are required for life insurance policies, individual retirement accounts (IRAs), employer retirement savings plans (e.g.,

401(k) 235

401(k) Life Insurance Retirement Plan Finance 235

HR Digest

OCTOBER 4, 2024

These roles are often treated as temporary sources of employment and largely insufficient to sustain a family. Along with Hobby Lobby’s current wage hike, the shopping chain also provides other fiscal and medical benefits like a medical and dental plan, 401(k) with generous company match, a flexible spending plan, life insurance, etc.

401(k) 96

401(k) Retail Flexible Spending Life Insurance 96

Achievers

SEPTEMBER 12, 2024

Here are a few turnover rates for key industries: Financial institutions: The Economic Times reveals that employee attrition within the financial services segment was at 25% while life insurance had the highest attrition rate at 47%.

Retail 172

Retail Professional Services Employee Retention Salary 172

HR Lineup

APRIL 11, 2023

Employment is a significant part of our lives, and it comes with various benefits and perks. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. One of these benefits is the provision of employee benefits.

Retirement Plan 246

Retirement Plan Health and Welfare Health Insurance Benefit Providers 246

Higginbotham

JUNE 15, 2023

Group life insurance is a type of life insurance policy that covers an affiliated group of individuals, typically the employees of a company or the members of an organization, who can be covered under a single master contract. What is group life insurance? What is group life insurance?

Life Insurance 52

Life Insurance Insurance Employment Medical 52

Fringe Benefit Analysts

AUGUST 27, 2021

When choosing your coverage options, you may be aware of life insurance and accidental death and dismemberment (AD&D). What Is Life Insurance? Life insurance gives a policy holder’s family members financial protection should he or she die of an accident, illness or natural causes. What Is AD&D?

Life Insurance 52

Life Insurance Insurance Health Health Insurance 52

Money Talk

SEPTEMBER 17, 2022

joint ownership with right of survivorship) or beneficiary designations on contracts such as life insurance policies, individual retirement accounts (IRAs), and tax-deferred employer retirement savings plans always take precedence over the terms of a will. bank and investment accounts), collectibles, and life insurance.

Life Insurance 245

Life Insurance Banking Taxes Finance 245

Money Talk

JANUARY 4, 2024

Employer Match- This is money contributed to employees’ retirement savings accounts to match what they save. Life Insurance - This is money transferred to a beneficiary via a deceased person’s life insurance policy. Like inheritances, life insurance is generally not subject to income tax.

Life Insurance 176

Life Insurance Pension Benefit Retail Taxes 176

Money Talk

SEPTEMBER 1, 2021

. ¨ Loss of a Job - Employers are starting to wield “sticks” instead of dangle “carrots” to get their workforce vaccinated. Some unvaccinated workers may lose their jobs as employers announce “zero-tolerance” mandatory vaccination policies in conjunction with a required return to workplaces. Unlike "lifestyle" factors (e.g.,

Hospitality 225

Hospitality Health Insurance Medical Life Insurance 225

HR Lineup

NOVEMBER 30, 2021

A PEO also referred to as a professional employer organization, has continued to gain recognition mainly due to its benefits to small and medium-sized organizations within the United States. A professional employer organization (PEO) is an outsourcing firm that offers Human Resource services to small and medium-sized organizations.

Professional Employer Organization 245

Professional Employer Organization Human Resources Disability Insurance Insurance 245

Empuls

AUGUST 28, 2024

Furthermore, research shows that 73% of employees are significantly more likely to remain with an employer that provides a comprehensive benefits package. Employee benefits providers are organizations that specialize in designing, administering, and managing employee benefits packages on behalf of employers. 

Benefit Providers 40

Benefit Providers Employee Benefits 401(k) Retirement Plan 40

Best Money Moves

FEBRUARY 12, 2019

Reduce financial stress with this type of insurance. Research by Life Happens shows most Americans with life insurance experience less financial stress knowing their family is financially protected. How Life Insurance Reduces Financial Stress. Through life insurance.

Insurance 101

Insurance Life Insurance Government Payroll 101

Higginbotham

MAY 4, 2023

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

HR Digest

MARCH 12, 2025

In 2025, salaries alone no longer define an attractive employment offer. Employers are increasingly turning to fringe benefits. These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. What are fringe benefits?

401(k) 52

401(k) Health Insurance Taxes Retirement Plan 52

Business Management Daily

SEPTEMBER 22, 2021

Some employers start as early as September. Most employees elect coverage through their employer, but some may be eligible for marketplace coverage as well. Most employers have an open enrollment period of at least 2 to 4 weeks. The post Open enrollment checklist for employers appeared first on Business Management Daily.

Employment 90

Employment Deductible Deductions Benefit Providers 90

Insperity

JANUARY 27, 2022

It’s one more way to signal that you’re an employer of choice. Job hunters typically compare fringe benefits their target companies offer – they’re an important factor in choosing an employer. At the same time, current employees may compare your offerings against a prospective new employer. What mistakes do employers make?

Employment 98

Employment Taxes Health Savings Account Benefits Package 98

Higginbotham

OCTOBER 29, 2024

Navigating employee benefits can be complex for employers, especially when balancing cost control with providing comprehensive offerings to workers. Acting as an intermediary between employers and insurance providers, benefit brokers help design, implement and manage employee benefits programs.

Employee Benefits 52

Employee Benefits Insurance Carriers Disability Insurance Benefits Package 52

Best Money Moves

NOVEMBER 6, 2024

The right holistic benefits not only help employers attract and retain talent but also foster a more productive and engaged workforce. Offering benefits such as tuition reimbursement and life insurance subsidies can be especially helpful for working parents.

401(k) 59

401(k) Voluntary Benefits Life Insurance Banking 59

Achievers

FEBRUARY 2, 2021

The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. Employers are responding with a menu of voluntary employee benefits, driven by generational shifts and technology that is dramatically changing the workplace. . labor force with 56 million people working or looking for employment.

Employee Benefits 238

Employee Benefits Family and Medical Leave Act Employee Recognition Voluntary Benefits 238

Workplace Insight

OCTOBER 29, 2024

Group Life Insurance / Death In Service Also known as “Death In Service”, this insurance pays a lump sum to an employee’s family or loved ones should they pass away during their employment with you. Each product has its own unique purpose, and some may be more relevant to your people than others.

Insurance 59

Insurance Life Insurance Benefits Package Medical 59

COMPackage

OCTOBER 14, 2024

Benefits: A list of all benefits provided by the employer, such as health insurance, retirement plans, paid time off, and life insurance. Strengthened Employee-Employer Relationships: TCSs can help to build trust and transparency between employees and their employers, fostering stronger relationships.

401(k) 40

401(k) Retirement Plan Incentive Compensation Life Insurance 40

HR Lineup

DECEMBER 28, 2022

Invo PEO is a professional employer organization that offers a range of services to small and medium-sized businesses. This includes everything from health insurance and 401(k) plans to employee assistance programs and life insurance. One of the key services offered by Invo PEO is employee benefits.

401(k) 130

401(k) Life Insurance Health Insurance Professional Employer Organization 130

HR Lineup

DECEMBER 28, 2022

Resourcing Edge is a professional employer organization (PEO) that provides a range of services to businesses, including payroll, benefits, human resources, and risk management. In addition to payroll and benefits, Resourcing Edge also offers a range of HR services, including employee onboarding, performance management, and compliance.

Retirement Plan 130

Retirement Plan Human Resources Payroll Service Life Insurance 130

Employee Benefits

SEPTEMBER 18, 2024

Serious illnesses, such as cancer, stroke and heart attacks, can strike without warning, turning life upside down for employees and their families. Employers can play a crucial role in helping them through such difficult times by providing access to group risk benefits that give them the practical support they need when it matters most.

Employment 64

Employment Life Insurance Insurance Healthcare 64

HR Lineup

JUNE 9, 2023

The company offers a range of financial security benefits, such as life insurance, disability coverage, and flexible spending accounts, which help employees safeguard against unexpected events and manage their finances effectively. The post PES Benefits appeared first on HR Lineup.

Retirement Plan 130

Retirement Plan Flexible Spending Account Flexible Spending Life Insurance 130

Insperity

NOVEMBER 26, 2024

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred. So, what else can your company do to stand out?

Employee Benefits 69

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 69

HR Lineup

FEBRUARY 13, 2023

USI’s employee benefits offerings are designed to meet the needs of a diverse workforce and support employers in creating a supportive and healthy work environment. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 130

Employee Benefits

MAY 14, 2024

Following extensive negotiations , an improved offer was put forward by the employer. Bus controllers employed by Transport UK in south west London have accepted a pay rise following strike action. The increase is worth 12% and comprises an 8% rise backdated to January 2023 and a further 4% for this year.

Transportation 111

Transportation Life Insurance Insurance Technology 111

WEX Inc.

AUGUST 23, 2023

And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. I think employers are the ones best suited to offer up a menu of benefits options that can help employees and meet them where they’re at from a benefits needs standpoint.”

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

Employee Benefits

MAY 29, 2023

Employer and employee contributions of 4%, matched up to 5%. Life insurance. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer-funded for all employees. Employee assistance programme, employer-funded for all employees. Employee assistance programme, employer-funded for all employees.

Pension 105

Pension Life Insurance Salary Employee Recognition 105

Employee Benefits

JULY 11, 2023

Flexible Work Arrangements A healthy work-life balance is crucial for both employers and employees. The cost for employers to enable remote work is usually a provision of up to £30 per employee. Yet, many employers voluntarily enhance this minimum benefit by adding contractual sick pay perks.

Employee Benefits 98

Employee Benefits Pension Life Insurance Health Insurance 98

InterWest Insurance Services

MARCH 1, 2024

As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company. The employer deducts any fees or premiums for these benefits from employee paychecks and forwards them in a single batch to the benefit vendors.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Deductible Deductions 98

WEX Inc.

OCTOBER 5, 2023

Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected. They can genuinely improve your quality of life. Voluntary benefits are typically tied to your current employer.

Voluntary Benefits 98

Voluntary Benefits Life Insurance Health Insurance 98

Employee Benefits

JUNE 20, 2023

Becoming a living wage accredited employer is a further demonstration of that same commitment to fairness.” The post St Petrocs accredited as living wage employer appeared first on Employee Benefits.

Employment 59

Employment Parental Leave Life Insurance Pension 59