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International Foundation of Employee Benefit Plans
JANUARY 18, 2023
Read more > The post Magazine Extra: Benefits Touch Points—Communicating When It Matters appeared first on Word on Benefits. As a benefits professional, you often wear many hats, and communications could be one of the more challenging roles you encounter. You’re required to not only inform but inspire employees.
Lifeinsurance. Private medical insurance for senior leadership scheme, employer paid. Family friendly and work-life balance Flexibility when home working. This allowance can also be used to purchase audiobooks, premium podcasts, magazine subscriptions, or documentaries. In-house mental health first aider.
. ¨ Purchase Adequate Insurance - Protect dependents against the loss of a breadwinner’s income with lifeinsurance and buy disability insurance to provide continued income following an accident or illness. Increase your Financial Knowledge - Learn one new thing every day about personal finance.
Affinity scheme, a give as you earn scheme, Octopus electric vehicle leasing scheme, estate planning, a digital magazine subscription, group critical illness, group life assurance, an NHS-approved mental wellbeing support app, income protection, lifeinsurance and critical illness advice, virtual GPs, an employee assistance programme (EAP), and financial (..)
The HR should also offer resources like the essential perks and benefits that the organization is liable to offer: Health and LifeInsurance. Confidentiality Agreement. Employee Invention Agreement. Mobile Plan Reimbursement. Company Car Policy. Training Program Guide. Performance Bonus Guide. Employee Wellness Program.
These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insuranceLifeinsurance Workers’ compensation Unemployment insurance.
This includes: Retirement account (401(k)) Health insurance (along with dental and vision insurance) Paid time off (PTO) Lifeinsurance Disability insurance. Of course, the standard suite of benefits will always be important in attracting and retaining employees.
Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance. Vision insurance. Lifeinsurance. Disability insurance. Download our free magazine: The Insperity guide to attracting, recruiting and hiring top talent. Retirement plan.
Fortune magazine's "100 Best Companies to Work For" list provides compelling evidence. They are the lifeblood of your organization, the ones who translate ideas into action and keep the wheels turning. Studies show a clear link between happy employees and organizational success.
Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Lifeinsurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred. If you need help, a PEO can provide assistance.
Consider obtaining a key-person lifeinsurance policy in the event of the premature death of your CEO, founder or any other team member who is essential to the continued success of your company. You’ll need to work to gain their trust and assure them that the same quality of service will continue unimpeded. Loss of key client.
Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.
Consider obtaining a key life-insurance policy. For more information on helping your employees to navigate difficult changes, download our free magazine: The Insperity guide to managing change. Establish a succession plan. Know what you will communicate to customers with whom the deceased worked closely. Summing it all up.
This includes: Retirement account (401(k)) Health insurance (along with dental and vision insurance) Paid time off (PTO) Lifeinsurance Disability insurance But benefits that would’ve been less common a few years ago have skyrocketed in popularity with employees.
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