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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Hospital insurance is health insurance for hospital costs. The employee must pay a monthly fee for private insurance.

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Learn from payroll year-end mistakes or repeat them

Business Management Daily

Which means now is the perfect time to think about the impending payroll year-end season. Payroll ’s annual year-end trek crosses many corporate boundaries. Here are some key year-end payroll tasks: Balance and reconcile amounts in calendar quarters to each other and to W-2s, payroll reports, and W-3s.

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Introduction to 401(k)s for small businesses

Business Management Daily

Most small businesses start with health insurance as the main facet of their benefits plan , but as you grow it’s a good idea to expand to include retirement, dental, vision, life insurance, and other major offerings. Roth 401(k). A Roth 401(k) is another option with different tax implications.

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