Benefit Resource Inc.

JANUARY 7, 2021

As an employer, you want your benefits package to be a one-stop-shop for your employees. Not only will a comprehensive benefits package keep your current employees happy, but it will help you attract new talent. We’re here to let you in on a secret to help you kick your benefits up a notch.

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PeopleStrategy

SEPTEMBER 17, 2019

To overcome this challenge, you need to do everything you can to make your company stand out in ways that your competition simply can’t match; offering a comprehensive benefits package is one of the best ways to reach that goal. benefits are becoming an increasingly important factor for individuals evaluating job offers.

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Employee Benefits

FEBRUARY 21, 2023

A good employee benefits package could play a big part in what makes a business successful – how many companies know the top 10 employee benefits in the UK? But get your employee perks package right and you’ll attract top talent, keep existing staff motivated, improve company culture and overall employee wellbeing.

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WEX Inc.

AUGUST 23, 2023

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Why are some examples of voluntary benefits?

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InterWest Insurance Services

APRIL 20, 2023

Survey employees as to what types of additional benefits they would participate in if given the opportunity. Depending on your employee demographics, these could include additional life insurance options, long-term care – or even pet insurance.

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Employee Benefits

JANUARY 12, 2024

Meanwhile, 34% have been swayed to take a job because of a competitive benefits package. Just under a third (30%) were worried about the cost-of-living crisis and 29% were not sure how long their money will last.

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Employee Benefits

MAY 29, 2023

However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive work experience overall. So what constitutes a good employee benefits package?

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WEX Inc.

OCTOBER 5, 2023

Voluntary benefits include a variety of options, all designed to enhance your overall well-being and provide financial security. Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected.

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Best Money Moves

NOVEMBER 1, 2023

A lack of communication keeps employees in the dark : Simply put, if employees don’t know what you offer, they will not use their benefits. Overly complex benefits intimidate employees : Important benefits such as private health care, retirement or life insurance often feel too complex for employees to tackle.

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Hppy

NOVEMBER 3, 2021

That said, it is important to note that offering a good benefits package can benefit not only employees but also the company as a whole. 1 – Benefits and the hiring process. The first thing to consider is just how good a generous benefits package looks on a job offer. Here’s how that works.

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Employee Benefits

SEPTEMBER 28, 2023

Just 12% of roles posted online listed health-related perks such as private healthcare, wellbeing perks or life insurance as part of an employment package, according to research by Plasma by Medichecks.

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Employee Benefits

MAY 1, 2023

In this episode of the Employee Benefits podcast, Lisa Hand, people experience director, explains how having a benefits package that is truly flexible to meet the needs of a diverse workforce is vital when competing in a tight market.

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InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

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Empuls

APRIL 22, 2024

  Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. Comprehensive employee benefit packages are increasingly becoming a deciding factor in job satisfaction and happiness.  This fosters a healthier work-life balance and reduces stress. 

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Employee Benefits

JUNE 9, 2023

Two-thirds (65%) find benefits important for financial wellbeing, up from 53% in 2022. In total, 90% of HR and reward professionals believe that benefits can directly impact employee wellbeing , while 85% think they can tackle issues related to ‘quiet quitting’ and 84% find they help align employee values with organisational purpose.

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Fringe Benefit Analysts

MAY 8, 2022

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. These tools simplify matters and reduce the amount of paperwork necessary to move forward with an insurance vendor.

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HR Lineup

APRIL 11, 2023

AXA AXA is a leading global insurance provider that offers a range of services to employers and individuals around the world. Their global benefits services include health insurance , life insurance, and retirement plans, as well as assistance with travel and medical emergencies.

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Vantage Circle

SEPTEMBER 23, 2023

Employee benefits are crucial for successful organizations in today's fast-paced business world. Attracting And Retaining Talent: Employee benefits are a powerful tool for attracting top talent and retaining experienced employees. Competitive benefits packages make your organization more appealing in a competitive job market.

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Higginbotham

NOVEMBER 2, 2023

Financial wellness benefits can help employees tackle their money challenges. However, there are many types of personal financial wellness benefits, each catering to unique needs. When creating your organization’s financial wellness benefits package, consider the specific financial challenges impacting your employees.

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HR Digest

FEBRUARY 10, 2023

But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters. We’ll also discuss how much these employee benefits costs employers and businesses alike.

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HR Lineup

JUNE 9, 2023

One of the key strengths of PES Benefits lies in its ability to customize benefit plans to align with the specific goals and values of each organization. Additionally, PES Benefits recognizes the importance of supporting employees’ financial well-being beyond retirement planning.

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Business Management Daily

APRIL 25, 2024

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock. Overspending on benefits is a surefire way to sour the experience.

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Insperity

JANUARY 27, 2022

Some states may also tax fringe benefits, so be sure to check with your state tax authority before designing a fringe benefits package. Examples of taxable fringe benefits include: Non-business use of company cars Cash (bonus pay) Gym memberships Paid personal time off. 31 of the year after you give them to the employee.

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HR Lineup

FEBRUARY 13, 2023

In addition, USI provides life insurance, short- and long-term disability insurance, and accidental death and dismemberment insurance to help protect employees and their families. Finally, USI’s innovative technology and online platforms make it easy for employers to manage their employee benefits program.

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Employee Benefits

FEBRUARY 10, 2022

The new working pattern is part of a wider benefits package aimed at supporting employees, their families, their health and the environment. Also available are shopping discounts, life insurance, a cycle-to-work scheme and up to six weeks of holiday depending on length of service.

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Higginbotham

DECEMBER 30, 2021

Companies depend on their compensation and benefits package to attract talent. On the other hand, if you offer benefits that no one really wants or cares about, you’re wasting money. You need to get it just right, and a compensation and benefits review can help. Employee Benefit Needs Have Changed.

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Higginbotham

MARCH 2, 2023

Additionally, although you may not be required to offer private disability insurance, doing so is a fantastic way to take care of your employees. A benefits package that includes private disability insurance can support your employee recruitment and retention strategies. Learn more.

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HR Digest

MAY 22, 2021

Retirement benefits – include 401(k)/403(b), pension plans, etc. Disability insurance. Life insurance. Do the perks and benefits meet your (and your family’s) needs as well? Did you fully understand the benefits program? Are certain perks and benefits reliant on your performance? Relocation expenses.

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Empuls

MAY 8, 2023

On the flip side, personalized benefit packages fully rely on the inputs, painpoints and needs of your potential workers or existing employees. When you offer a listening ear and respond with a tailored benefits package, you don’t need to be worried about losing your most skilled employee.

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Flimp Communications

DECEMBER 19, 2019

The main difference between perks and benefits is that benefits take care of basic needs and usually require a formal opt-in from employees. Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs.

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Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. 16+ types of employee benefits you should consider. Below, we’ve loosely categorized these types of employee benefits and given a basic definition of each.

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Vantage Circle

JANUARY 30, 2022

In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years. So, to retain, engage, and motivate your workforce, you must create an agile benefits package that has a mix of taxable and non-taxable benefits. Which Benefits Are Considered Taxable?

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Empuls

SEPTEMBER 28, 2023

Wondering what kind of benefits are offered to employees in the UK? In this blog, we have described everything from the best employee benefits in the UK to the way an employee benefits package can be designed for employees, the legal regulations, tax compliance and other nuances with regard to the subject.

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Business Management Daily

APRIL 25, 2023

Flexible work hours are another common demand from modern employees, as they want more control over their schedules for a better work-life balance. Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. health insurance, FMLA, unemployment, etc.),

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Insperity

APRIL 14, 2022

Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance. Vision insurance. Life insurance. Disability insurance. To compete for top talent, make your benefits package as solid and comprehensive as possible.

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Employee Benefits

JANUARY 4, 2022

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Importance of benefits.

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Vantage Circle

DECEMBER 31, 2019

But, there’s also a list of few tax-exempted fringe benefits that you can consider for curating a lucrative employee benefits plan. Here, are some of the tax-free fringe benefits and why you should count them in your employee benefits package. Employee Health Insurance Benefits.

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