HR Digest

MAY 21, 2023

From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. So the question is how to design an employee benefit plan, and for that one needs to consider a variety of factors, such as: 1. Health insurance 2. Payroll taxes 2.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

Achievers

NOVEMBER 29, 2024

Competitive compensation and Benefits: Regularly reviewing salaries, providing comprehensive benefits packages , and offering perks such as health insurance, retirement plans, and stock options demonstrate the company’s commitment to employee well-being and financial security.

Bonuses 218

Bonuses Retirement Plan Health Insurance Benefits Package 218

PeopleKeep

MARCH 27, 2024

There are often different eligibility requirements for employee benefits like health insurance , retirement plans, and paid time off (PTO). Employers and employees need to have a clear understanding of what constitutes an eligible employee and the requirements to qualify for specific benefits.

PTO 105

PTO Retirement Plan Health Insurance Insurance 105

HR Lineup

OCTOBER 21, 2024

Administered by the International Foundation of Employee Benefit Plans (IFEBP) and Dalhousie University, this program provides a comprehensive education on employee benefits, retirement plans, and health benefits. Key Benefits: Comprehensive coverage of group benefits, retirement plans, and compensation.

401(k) 65

401(k) Employee Benefits Retirement Plan Health Savings Account 65

InterWest Insurance Services

OCTOBER 31, 2024

Simple health insurance is insufficient to carry the load. Over 80% of middle-market respondents report that they got their health insurance, disability insurance and retirement plan all through their employer. Meanwhile, six in 10 have no life insurance in place outside of the workplace.

Disability Insurance 93

Disability Insurance Life Insurance Deductible Deductions 93

Patriot Software

JULY 26, 2021

Benefits include everything from retirement plans to health insurance coverage. When you dive into different small business employee benefits, you might consider a section 125 plan. But, what is a section 125 plan? Is it a cafeteria plan? Are section 125 plans pre-tax health insurance?

Health Insurance 98

Health Insurance Retirement Plan Employment Insurance 98

Employee Benefits

JUNE 28, 2024

While many employers (41%) plan to spend more on financial education and planning offerings next year than they are now, only 18% of employees are interested in what they are investing in. Half (54%) would prefer employers invest more in health insurance, while 43% would like more on retirement plans.

Retirement Plan 88

Retirement Plan Health Savings Account Health Insurance Employment 88

Money Talk

APRIL 14, 2022

Tax-Deferred Investing - One way to avoid a higher tax bracket is to increase tax-deductible contributions to an employer retirement plan (e.g., If so, save those receipts for health insurance premiums and copays. 401(k), 403(b), 457, TSP). Sometimes, saving just 1% more of pay can make a big difference on taxes due.

Taxes 189

Taxes Family and Medical Leave Act 401(k) Deductible 189

Higginbotham

AUGUST 10, 2023

An employee wellness program is a driver of success and sustainability for any organization in any industry, and the core of an effective strategy for employee wellness is comprehensive health insurance coverage. However, increasing inflation amidst World War II brought a wage freeze in 1942.

Health Insurance 52

Health Insurance Employee Wellness Insurance Benefits Package 52

HR Lineup

APRIL 11, 2023

Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time. These services can include the provision of benefits such as health insurance, retirement plans , and other non-wage compensations.

Retirement Plan 86

Retirement Plan Health and Welfare Health Insurance Benefit Providers 86

Griffin Benefits

JULY 5, 2023

One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance. Stop-loss insurance is essential for a self-funded plan because it enables an employer to cap medical claims expenses at a specific amount.

Health Insurance 52

Health Insurance Insurance Pharmaceutical Healthcare 52

Higginbotham

OCTOBER 5, 2023

In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Patriot Software

APRIL 11, 2022

On your list of potential benefits are probably things like health insurance, retirement plans, and work-from-home opportunities. It’s one of many perks you may look at when looking for ways to attract, hire, or retain employees. Although not as common, employer-provided housing is another option to mull over.

Retirement Plan 91

Retirement Plan Employment Health Insurance Work From Home 91

PeopleKeep

MAY 18, 2022

While more traditional benefits like group health insurance and retirement plans are still great options for your employee benefits package , priorities for job candidates have changed. With an increasingly tight job market, employers are looking for new ways to attract and retain employees.

Education 97

Education Retirement Plan Health Insurance Benefits Package 97

Genesis HR Solutions

SEPTEMBER 22, 2020

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Dental Insurance.

401(k) 98

401(k) Employee Benefits roth 401(k) Disability Insurance 98

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. Insurance is a complex topic, no matter how experienced you are. However, Gen Z employees are particularly susceptible to a lack of education on insurance terms and policies.

Insurance 59

Insurance Deductions Deductible Education 59

InterWest Insurance Services

AUGUST 30, 2022

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. 401(k)s or other retirement plans.

Benefits Package 92

Benefits Package 401(k) Disability Insurance Health Insurance 92

Patriot Software

AUGUST 31, 2022

Most employees expect certain workplace benefits, such as health insurance or retirement plans. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent. Any employer can give employees the gift of […] READ MORE.

Transportation 78

Transportation Taxes Retirement Plan Health Insurance 78

Employee Benefit News

JULY 29, 2024

From health insurance to retirement plans, a new survey revealed that women want stability before flexibility.

Retirement Plan 68

Retirement Plan Health Insurance Insurance Employee Retention 68

HR Digest

OCTOBER 27, 2021

Your gross annual salary will be xxx and you are eligible for health insurance and travel allowance as per company rules. Please find attached the detailed compensation plan. The company offers full medical and dental insurance. The company has a retirement plan, applicable 90 days after your start date.

Retirement Plan 98

Retirement Plan 401(k) Health Insurance Salary 98

HR Digest

MAY 29, 2023

Some of the mandatory fringe benefits that employers are required to provide: Health insurance The health care plans cover visits to primary care physicians, specialist doctors, and emergency care. Anything less than 50 full time employees , does not warrant mandatory provision of health insurance under the ACA.

Family and Medical Leave Act 98

Family and Medical Leave Act Paid Vacation Health Insurance Benefits Package 98

Best Money Moves

FEBRUARY 7, 2024

Some benefits, such as health insurance, workers’ comp and social security are required by law. According to a Pew Research Center study, in 2021, 43% of workers who quit their jobs left due to lack of benefits flexibility, including poor health insurance and mediocre paid time off.

Health Insurance 106

Health Insurance Comprehensive Benefits Finance Retirement Plan 106

HR Digest

DECEMBER 15, 2019

Your gross annual salary will be xxx and you are eligible for health insurance, and travel allowance as per company rules. Please find attached the detailed compensation plan. The company offers full medical, dental and optical insurance. The company has a retirement plan, applicable 90 days after your start date.

401(k) 87

401(k) Retirement Plan Health Insurance Salary 87

Higginbotham

AUGUST 13, 2024

workers postpone health care needs because they’re worried about cost, even if they have health insurance. Medical care can be expensive, and group health insurance isn’t always enough. What is hospital indemnity insurance? The policy pays a benefit if the insured is hospitalized.

Hospitality 52

Hospitality Insurance Voluntary Benefits Benefits Package 52

Health Consultants Group

OCTOBER 1, 2021

Employees still want traditional options such as retirement plans, educational assistance, and health insurance. However, by implementing a Cafeteria Plan, you can also allow employees to select the additional benefits they prefer. . Consider Cafeteria Plan options . Cafeteria Plan benefits often include.

Employee Benefits 86

Employee Benefits Family and Medical Leave Act Flexible Spending Account Health Savings Account 86

WEX Inc.

MAY 29, 2024

Supporting employees through retirement planning and phased retirement options helps them feel valued even as they leave the organization. During employment, benefits like health insurance, retirement plans, and wellness programs contribute to sustained engagement and overall well-being.

Retirement Plan 98

Retirement Plan Taxes Health Insurance Recruitment 98

CorpStrat

OCTOBER 9, 2024

As an employer, you’re likely offering a range of benefits to attract and retain top talent: health insurance, retirement plans, and perhaps some voluntary perks. But there’s one critical benefit that many employers are overlooking: long-term care insurance (LTC). What is Long-Term Care Insurance?

Insurance 52

Insurance Employee Benefits Voluntary Benefits Health Insurance 52

Best Money Moves

AUGUST 26, 2020

Retirement savings were identified as a source of financial relief in the thick of the coronavirus pandemic when the CARES Act expanded distribution options and favorable tax treatment for up to $100,000 of coronavirus-related distributions from eligible retirement plans. COVID-19 Retirement Impact: Retirement Outlook.

Retirement Plan 102

Retirement Plan Utilities Health Insurance Taxes 102

Best Money Moves

JUNE 1, 2022

According to the AARP, 39% of employees have nothing saved for emergencies and 20% have nothing in their retirement accounts. A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions. Student Loan Repayment Assistance.

401(k) 116

401(k) Out of Pocket Cost Benefits Package Finance 116

HR Lineup

JANUARY 29, 2024

Deductions: Federal and state taxes Social Security and Medicare contributions Health insurance premiums Retirement contributions 4. Health Insurance, Retirement, and Other Deductions: Deduct any employee contributions to health insurance, retirement plans , or other voluntary deductions.

Net Pay 85

Net Pay Deductible Deductions Payroll Software 85

HR Lineup

OCTOBER 18, 2023

This software is a comprehensive platform that allows HR professionals, benefits managers, and employees to efficiently manage, access, and make decisions regarding benefits such as health insurance, retirement plans, leave policies, and more. Top 10 Benefits Administration Software of 2023 1.

Software 81

Software Retirement Plan Health Insurance Payroll 81

InterWest Insurance Services

NOVEMBER 25, 2022

The changes, which the IRS releases in November each year, will affect contribution limits for HSAs, FSAs and 401(k) and other retirement accounts. The maximum contribution levels are readjusted every year to account for inflation, along with maximum retirement plan contribution limits. Retirement plan maximums.

401(k) 87

401(k) Deductions Deductible Flexible Spending Account 87

Business Management Daily

AUGUST 12, 2024

It encompasses the tangible and intangible benefits your organization provides employees, from standard benefits like pay and health insurance to broader benefits like a positive working environment and work-life balance. Benefits Employees seek basic benefits such as solid health, vision, and dental insurance options.

Salary 105

Salary Retirement Plan Employee Stock Option Parental Leave 105

HR Lineup

APRIL 10, 2023

HR professionals are responsible for managing employee benefits programs, such as health insurance, retirement plans , and paid time off. HR professionals also manage employee benefits programs, such as health insurance , retirement plans, and paid time off.

Family and Medical Leave Act 86

Family and Medical Leave Act Retirement Plan Health Insurance Human Resources 86

Qandle

JULY 10, 2024

Essentially, a PEO becomes the employer of record for tax and insurance purposes, allowing client companies to focus on core business activities while the PEO handles administrative burdens. Risk Management PEOs assist in managing HR-related risks, such as workers’ compensation claims and unemployment insurance.

Professional Employer Organization 77

Professional Employer Organization Employment Benefits Package Payroll 77

Best Money Moves

APRIL 12, 2023

Employees make some of their most important financial decisions in the workplace, whether they are beginning a retirement plan or choosing a health insurance provider. How can employers improve financial literacy? Developing a strategy that teaches the basics of personal finance can be a great boon for your employees.

Finance 116

Finance Retirement Plan Health Insurance Education 116

Vantage Circle

MAY 18, 2023

Health Insurance: Over 80% of employees over 42 want jobs that involve employer-provided healthcare ( Forbes Advisor ). This type of insurance cover helps an employee pay for medical expenses. Most organizations offer health insurance as a benefit to their employees. Some of them include the following- 1.

Family and Medical Leave Act 94

Family and Medical Leave Act Life Insurance Health Insurance Retirement Plan 94