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Importance of Employee Benefit Package And Why it Matters

HR Digest

Create a plan to review the employee benefits package routinely Business Owner and Manager together can design employer benefits package as it is key to attracting and retaining top talent. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5.

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What is a benefits broker and how can they simplify employee benefits?

Higginbotham

Acting as an intermediary between employers and insurance providers, benefit brokers help design, implement and manage employee benefits programs. A benefits broker specializes in guiding organizations through the process of selecting and managing their employee benefits.

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Making Your Voluntary Benefits Program a Success

InterWest Insurance Services

Depending on your employee demographics, these could include additional life insurance options, long-term care – or even pet insurance. Consider announcing new voluntary benefits offerings in a communication from top management, which will demonstrate the company’s commitment to the program.

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How To Create a Business Succession Plan

Kollath CPA

The succession plan must establish a collective vision and an attainable set of goals. For instance, should a family continue to own and manage the firm? Prepare funding mechanisms, such as life insurance or key person insurance. It will also address gaps that need to be filled.

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What is a PEO?

Insperity

Through the co-employment relationship, a PEO takes on many of your employee-related employer responsibilities, while you continue to manage and run your business. You’ll still maintain control over managing your employees’ daily to-dos and core job functions as well as maintaining your organizational structure.

Payroll 98
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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. The post Leap year!

Payroll 83
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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

Handbooks help manage your employees and keep your business compliant with the ever-growing list of employment rules and regulations. Life insurance: A life insurance policy is a contract with an insurance company. Dental, vision, and disability insurance.