Remove Insurance Carriers Remove Retirement Plan Remove Salary
article thumbnail

Why employee wellness matters – and how it’s good for business

Insperity

Opportunity to advance one’s career, gaining in title, status and salary. The business case for employee wellness Your business should prioritize employee wellness if leadership cares about: Reducing healthcare claims and containing benefits costs (particularly health insurance). Increase company contributions to retirement plans.

article thumbnail

Gig economy explained: Pros, cons, future outlook

Business Management Daily

People were clocking out of their salaried jobs to drive night owls around town for a few hundred extra bucks a week. Reduced exposure to legal liability : If a contractor damages a customer’s property while performing work requested by a company, the contractor’s insurance carrier is responsible for making the customer whole.

Food 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Employee Benefits Providers: What Employers Need to Know

Empuls

  These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs. What are the top 5 types of employee benefits?

article thumbnail

Professional Employer Organization (PEO): Right for Your Business?

Business Management Daily

According to Indeed.com, the average cost to recruit and onboard one employee ranges from $4,000 to $20,000, which doesn’t include salary and benefits. One HR professional’s annual salary will cost you roughly $85,000 , not including benefits or recruitment costs.

article thumbnail

Is your employee wellness program up to par?

Insperity

As a result, increasing numbers of employees consider their wellness to be equally important as traditional priorities such as job stability, salary and benefits. Often, this type of tool is available via your company’s health insurance carrier. Why do employee wellness programs matter?

article thumbnail

Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

How much of an employee’s salary is made up of benefits. Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. 401(k) and retirement plans.