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4 considerations when choosing employee benefits for the first time

WEX Inc.

Keep these factors in mind: Medical needs: Estimate your medical needs for the coming year. Do you anticipate regular doctor visits, ongoing prescriptions, or any planned medical procedures. Limited FSA as a savings account: Limited FSAs can also be used as a savings account for anticipated medical expenses.

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PES Benefits

HR Lineup

The health and wellness programs offered by PES Benefits encompass a wide range of services, including medical, dental, and vision coverage, as well as wellness initiatives such as fitness programs, preventive care, and mental health support.

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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Cafeteria plans are particularly good for participants who have regular expenses related to medical issues and childcare. Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Flexible spending account. Flexible spending accounts.

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Reconsidering your employee benefits priorities

Health Consultants Group

After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. Group-term life insurance . Health Savings Accounts. Flexible Spending Accounts: funded by salary reduction. Cafeteria Plan benefits often include. Accident and Health Benefits .

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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts. Ditto for bonuses that are based on actual wages paid.

Payroll 83
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4 considerations when choosing employee benefits for the first time

WEX Inc.

Keep these factors in mind: Medical needs: Estimate your medical needs for the coming year. Do you anticipate regular doctor visits, ongoing prescriptions, or any planned medical procedures. Limited FSA as a savings account: Limited FSAs can also be used as a savings account for anticipated medical expenses.

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Cummins signs menopause workplace pledge

Employee Benefits

” Cummins also offers its employees a pension scheme, medical, dental and life Insurance, a profit share scheme, healthcare benefits, parental leave, adoption assistance, flexible-working arrangements, a flexible spending account and an employee share purchase scheme.