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Dental and Vision Benefits Are Inexpensive, and a Big Hit with Workers

InterWest Insurance Services

Employers nationwide are looking for ways to attract and retain talent and differentiate themselves from competing employers, and many are looking to the two most popular voluntary benefits: employee dental and vision plans. For many years, dental and vision plans were employer-paid. Background. Appeal to workers. Appeal to employers.

Health 98
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What does PEO stand for in HR?

HR Lineup

These services include HR consulting, payroll processing and tax filing, employees’ compensation insurance, safety, and risk management services, hiring across various jurisdictions, retirement vehicles, and more. Medical coverage, including dental and vision. Life insurance. Disability insurance.

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Zenefits

HR Lineup

It offers a comprehensive solution for businesses to manage their employee benefits program and streamline various HR processes such as onboarding, payroll, and compliance. The platform integrates with popular payroll providers and insurance carriers to provide real-time data and insights into benefits and HR programs.

401(k) 130
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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

This avoids the problem, but many payroll systems aren’t set up to deal with these fractions. 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.

Payroll 83
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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

Think medical, dental, and vision insurance, often supplemented by wellness programs like mental health support or fitness stipends. Taxable Fringe Benefits: A company car used for personal errands, cash bonuses, or lavish retreats might trigger income tax obligations for employeesand payroll tax headaches for employers.

401(k) 52
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Voluntary Benefits Improve Employee Satisfaction and Retention

InterWest Insurance Services

How voluntary benefits work Voluntary benefits are arranged by employers but either paid for by staff via payroll deduction or by the employers themselves. cancer insurance) Pet insurance. Roll them out a few at a time, starting with life insurance, dental/vision and/or disability insurance.

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What are voluntary benefits?

WEX Inc.

Examples of voluntary benefits are: Supplemental life insurance Critical illness Pet insurance Voluntary benefits are additional perks that an employer can offer at a discounted group rate, with the employee either fully or partially paying for the benefits through a payroll deduction.