International Foundation of Employee Benefit Plans

MARCH 14, 2024

Proposals for paid family and medical leave at the federal level historically haven’t had enough support to become law.

Medical 88

Medical Paid Leave Parental Leave Voluntary Benefits 88

InterWest Insurance Services

MARCH 14, 2024

Because of this, employers have to be crafty in how they set up their benefits packages so that they address these various needs. But don’t fret, getting something that everyone likes into your package is not too expensive, particularly if you are offering voluntary benefits to which you may or may not contribute as an employer.

Voluntary Benefits 95

Voluntary Benefits Benefits Package Insurance Health Insurance 95

Corporate Synergies

DECEMBER 10, 2018

Which voluntary benefit options are right for your employees? This 4-step voluntary benefits checkup will help you decide. As the cost of medical plans rises, employers are offering high-deductible health plans (HDHPs) and health savings accounts (HSAs) as part of their employee benefit plans. As Seen In.

Voluntary Benefits 45

Voluntary Benefits Hospitality Health Savings Account Deductions 45

InterWest Insurance Services

FEBRUARY 20, 2024

The trade-off, however, is that workers have a higher deductible — meaning they have to pay for a set amount of medical care and prescription drugs before the plan’s benefits truly kick in. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.

Deductions 90

Deductions Deductible Out of Pocket Cost Health Savings Account 90

Winston Benefits

MAY 22, 2018

Examples of Voluntary Benefits in Action. Genentech , which offers everything Salesforce does — and also unlimited sick days, subsidized child care, fully paid sabbaticals, an on-site medical care facility and student-loan debt repayment. The company does not have a formal PTO policy.

Voluntary Benefits 45

Voluntary Benefits Health Insurance Employment Paid Leave 45

Employee Benefits

AUGUST 23, 2023

Benefits offered by Precis Digital: Pension A group personal pension (GPP) scheme for all employees, with up to 8% matching contributions from the employer. Healthcare and wellbeing A £40 wellness allowance each month, which can be used towards items such as physical exercise, therapy apps and private medical insurance.

Voluntary Benefits 98

Voluntary Benefits Pension Bonuses Paid Leave 98

Best Money Moves

NOVEMBER 4, 2020

The ever increasing cost of healthcare combined with uncertainty about coverage, deductibles and copays keep some employees from getting the medical care they need. More than 40 percent of employees have deferred medical care because of financial concerns, according to research by Willis Tower Watson.

Healthcare 112

Healthcare Out of Pocket Cost Voluntary Benefits Management 112

Employee Benefits

FEBRUARY 1, 2024

These include: The category for Best public sector benefits, which celebrates the steps a public sector organisation has taken to implement a successful benefits package or initiative for its employees. The 22 categories also include several designed to recognise the achievements of individuals within the industry.

Employee Benefits 59

Employee Benefits Voluntary Benefits Benefits Package Medical 59

InterWest Insurance Services

JANUARY 18, 2024

The trade-off, however, is that workers have a higher deductible — meaning they have to pay for a set amount of medical care and prescription drugs before the plan’s benefits truly kick in. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.

Out of Pocket Cost 59

Out of Pocket Cost Deductions Deductible Voluntary Benefits 59

Griffin Benefits

FEBRUARY 3, 2023

Here are three things that you need to know about offering benefits abroad: Benefit expenses are often lower outside the U.S. Private medical, dental, and life insurance averages less than $1,500 (U.S.) For voluntary benefits, focus on the basics. annually per employee in Mexico.1

Voluntary Benefits 72

Voluntary Benefits Employment Management Life Insurance 72

CorpStrat

AUGUST 11, 2022

Voluntary Benefits. Voluntary Benefits, commonly referred to as AFLAC, can help employees maintain their income by paying cash benefits directly to them. Employees can use these cash benefits to help cover rent, groceries, and other daily living expenses while they’re out of work.

Voluntary Benefits 52

Voluntary Benefits Employee Benefits Benefits Package Medical 52

Employee Benefits

OCTOBER 11, 2023

.” The organisation’s benefits offering is flexible and defined by three key themes: health, wealth and lifestyle. Additional voluntary benefits include private medical insurance, payroll giving, bikes-for-work, critical illness cover, a cash plan upgrade options and the choice of two pension schemes.

Voluntary Benefits 105

Voluntary Benefits IT Life Insurance Pension 105

Employee Benefits

MARCH 19, 2024

The benefits on offer at Egress: Pensions Defined contribution pension scheme, with 5% employee contributions and 4% employer contributions. Healthcare and wellbeing Private medical insurance (PMI) scheme, employer paid for all employees following probation. Other benefits Voluntary benefits discount hub.

Voluntary Benefits 59

Voluntary Benefits Pension Salary Deductions 59

HR Lineup

FEBRUARY 14, 2023

The company’s employee benefits offering includes group medical, dental, vision, life and disability insurance, as well as employee wellness programs and voluntary benefits. In the realm of employee benefits, Hub International provides businesses with a range of insurance products to help protect their employees.

Voluntary Benefits 52

Voluntary Benefits Disability Insurance Health Insurance 52

Employee Benefits

NOVEMBER 28, 2023

Healthcare and wellbeing Private medical insurance (PMI) for certain employee groups, employer paid. Group income protection, a legacy benefit for certain employee groups, employer paid. Pay strategy Early access to pay scheme Voluntary benefits Retail and leisure voucher discount scheme. Employee assistance programme.

Voluntary Benefits 52

Voluntary Benefits Pension Retail Banking 52

InterWest Insurance Services

JUNE 2, 2022

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. That’s important in today’s tight job market.

Health 96

Health Voluntary Benefits Disability Insurance Deductions 96

Employee Benefits

MAY 20, 2024

Credit: tomertu/Shutterstock Need to know: Benefits strategies have evolved because of influences including employee expectation, cost and the pandemic. Flexible benefits , voluntary benefits, and allowances or pots offer the potential for greater personalisation. Different groups want different things,” he says.

Employee Benefits 64

Employee Benefits Benefits Package Voluntary Benefits Pension 64

InterWest Insurance Services

JANUARY 12, 2024

This came after an independent peer-reviewed clinical trial, published in the Journal of Medical Internet Research , which found the app to be effective in the management of chronic pain, and associated depression and anxiety. Others can help diagnose mental health problems or predict issues that can lead to self-harm.

Employment 75

Employment Voluntary Benefits Commissions Benefits Package 75

InterWest Insurance Services

OCTOBER 12, 2023

Medical costs and costs related to time away from work, disability and premature death that were attributable to diabetes totaled $245 billion in 2019, according to the U.S. About 25% of the employees were able to stop taking their diabetes medications. Centers for Disease Control.

Transportation 96

Transportation Health Insurance Voluntary Benefits Pension 96

WEX Inc.

MAY 8, 2024

Many employees hesitate to seek medical care because of financial implications. Understanding medical jargon, navigating insurance plans, and deciphering benefits can be difficult for many. It’s all about benefits choice and customization. They worry: How much will this cost me? So, what’s the solution?

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52

Employee Benefits

APRIL 1, 2024

Rebekah Haymes, head of digital solutions and delivery, health and benefits at Willis Towers Watson, says: “Transaction-based technology supports digital benefit enrolment, including scenarios where flexible or voluntary benefits are in place.

Technology 104

Technology Health and Welfare Voluntary Benefits Payroll System 104

Achievers

FEBRUARY 2, 2021

Federal and state mandated benefits include health insurance, worker’s compensation, unemployment insurance, and required leave time for caring for family and/or personal medical purposes. Health insurance, and family and medical leave, are not required for all businesses. What are benefits that are voluntary?

Employee Benefits 236

Employee Benefits Family and Medical Leave Act Employee Recognition Voluntary Benefits 236

Employee Benefits

OCTOBER 6, 2023

Its Organisational and career wellbeing strategy , which polled employers across various industries on key trends and sentiments toward employee benefits and engagement, also found that flexible benefits have increased sharply compared to 2022, while private medical insurance usage has increased by 15%, with 52% of respondents now offering this.

Benefits Package 59

Benefits Package Employment Voluntary Benefits Consulting 59

Employee Benefits

SEPTEMBER 27, 2023

The benefits offered by Nominet: Pensions A group personal pension (GPP) scheme for all employees. Healthcare and wellbeing Private medical insurance (PMI) for all employees, employer funded. Voluntary benefits scheme Discounts across retailers, including travel, groceries and utilities. Health screening.

Parental Leave 59

Parental Leave Voluntary Benefits Pension Retail 59

Employee Benefits

NOVEMBER 21, 2023

The post Exclusive: Avison Young launches financial wellbeing platform appeared first on Employee Benefits.

Voluntary Benefits 59

Voluntary Benefits Pension Insurance Finance 59

InterWest Insurance Services

MARCH 22, 2022

Cafeteria plans are particularly good for participants who have regular expenses related to medical issues and childcare. Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Flexible spending account. Flexible spending accounts.

Flexible Spending Account 80

Flexible Spending Account 401(k) Flexible Spending Deductions 80

Employee Benefits

AUGUST 30, 2023

If we take a stand together, we can build a movement that creates a more inclusive society.”

Parental Leave 59

Parental Leave Voluntary Benefits Banking Life Insurance 59

Employee Benefits

JANUARY 25, 2023

Healthcare and wellbeing Employer-funded private medical insurance (PMI) scheme available to the leadership team and a small number of employees who transferred via Transfer of Undertakings (Protection of Employment (Tupe)) from Anglian Water. Voluntary benefits scheme Retail and leisure discount scheme, available to all employees.

Pension 105

Pension Bonuses Voluntary Benefits Retail 105

InterWest Insurance Services

APRIL 27, 2023

To put it into dollar signs, that’s an extra $104 for individuals and $231 for families each month for medical insurance. Since 2018, individual premiums have increased by 21% while family premiums have increased by 18%.

Health Insurance 86

Health Insurance Insurance Out of Pocket Cost Deductions 86

Employee Benefits

JULY 19, 2023

Health Assessment or screening, available through flexible benefit scheme. Private medical insurance for certain employee levels. York Test home testing kits including allergy, food intolerance and hormone, available through flexible benefits scheme. Voluntary benefits Bikes-for-work through salary sacrifice arrangement.

Parental Leave 40

Parental Leave Voluntary Benefits Pension Retirement Plan 40

Best Money Moves

SEPTEMBER 30, 2020

Another survey, by Voya Financial, found that 53 percent of employees plan to make changes to their benefits coverage in the next open enrollment period and 71 percent plan to take their time reviewing voluntary benefit options offered by their employers.

Health Insurance 101

Health Insurance Healthcare Voluntary Benefits Medical 101

Griffin Benefits

MARCH 16, 2022

For instance, many benefits plans have employee assistance programs (EAPs) with financial wellness resources that cover legal services and caregiving services that can help alleviate financial stress. The pieces that comprise healthcare and retirement plans, voluntary benefits, and EAPs are connected.

Flexible Spending Account 86

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 86

Higginbotham

MAY 4, 2023

Buying Supplemental Life Insurance Without a Medical Exam Although employees can purchase life insurance on their own, life insurance offered through an employer may be preferable because it is often available without a medical exam. When you offer supplemental life insurance as a voluntary benefit, your costs are minimal.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

Flimp Communications

AUGUST 17, 2020

At Flimp Communications, we offer both PLANselect, focusing on healthcare plans, and BENEFITchoice, ideal for presenting supplemental and voluntary benefits. Most employees are familiar with the medical benefits their employers offer but know little about available voluntary benefits.

Voluntary Benefits 62

Voluntary Benefits Education Benefits Package Medical 62

InterWest Insurance Services

FEBRUARY 9, 2023

While their health insurance will cover their medical expenses, it won’t cover the cost of living while they recover. Coordination of benefits: The amount of benefits your employees receive from the insurance company is dependent on other benefits they may receive because of their disability.

Disability Insurance 67

Disability Insurance Voluntary Benefits Insurance Benefits Package 67

Best Money Moves

JULY 29, 2020

Financial stress is one of the top motivators driving organizations to invest in financial wellness programs and 40 percent say that addressing financial stress is a top reason for increasing voluntary benefits, according to a new survey by Buck. . 59 percent of employers want to help employees deal with unexpected medical expenses.

Voluntary Benefits 86

Voluntary Benefits Finance Benefits Package Hospitality 86

Employee Benefits

OCTOBER 23, 2023

Despite its long history, health cash plans remain a popular and valued benefit; LaingBuisson’s Health cover UK market report, 17 edition , published in June 2022, found that 3.3 Health cash plans are often used by employers to specifically cover private medical insurance (PMI) excess; many cash plans incorporate cover for this as standard.

Voluntary Benefits 59

Voluntary Benefits Healthcare Taxes Retail 59