AssuredPartners

AUGUST 15, 2022

Growth continued through the 1980s and 90s mostly due to the hard insurance market and increasing difficulty to find coverage for liability claims through traditional insurance. What’s driving change? Increasing costs in the marketplace: Insurance at its most basic is a means to help assess, manage, and mitigate risk.

Insurance Carriers 104

Insurance Carriers Insurance Entertainment Transportation 104

Vantage Circle

AUGUST 2, 2023

What are Employee Perks? Employee perks refer to additional benefits, incentives, or advantages provided by an employer to their employees, beyond the basic salary and standard benefits. What Do Employees Want? A good paycheque is not the only metric for employees to stay engaged in their jobs today.

Parental Leave 90

Parental Leave Health Insurance Transportation Bonuses 90

Best Money Moves

FEBRUARY 7, 2024

Some benefits, such as health insurance, workers’ comp and social security are required by law. According to a Pew Research Center study, in 2021, 43% of workers who quit their jobs left due to lack of benefits flexibility, including poor health insurance and mediocre paid time off.

Health Insurance 99

Health Insurance Comprehensive Benefits Finance Retirement Plan 99

Business Management Daily

FEBRUARY 16, 2024

Some companies waste a lot of money on perks no one wants or needs, which is why the best approach is to explore what people want and then find ways to get there. Competitive pay and health insurance aren’t perks. The most basic perks usually involve food, since people also need food to function.

Food 87

Food Retirement Plan 401(k) Bonuses 87

Employee Benefits

MAY 22, 2023

What is private medical insurance (PMI)? PMI is a type of insurance designed to cover medical expenses incurred during illness or injury, such as operations, consultations, diagnostic investigations and tests. What are the cost implications?

Medical 105

Medical Insurance Healthcare Taxes 105

Higginbotham

MAY 4, 2023

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

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. Basically, the IRS considers de minimis benefits on par with small bonuses.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

InterWest Insurance Services

MARCH 24, 2023

SESSION DETAILS: We all know we need to comply with various employee benefit nondiscrimination requirements, but what does this really look like in practice? We’ll also go over what the different tests look like, and what we see as common pitfalls in benefit design. Click to Register

Health and Welfare 52

Health and Welfare Life Insurance Education Insurance 52

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.

Employee Benefits 96

Employee Benefits Benefits Package Retirement Plan Life Insurance 96

Griffin Benefits

FEBRUARY 3, 2023

Private medical, dental, and life insurance averages less than $1,500 (U.S.) 1 In Canada, where the government covers most medical costs, many employers only offer insurance coverage for dental, prescription drug, ambulatory services, and other medical needs. For voluntary benefits, focus on the basics. Often, U.S.

Voluntary Benefits 72

Voluntary Benefits Employment Management Life Insurance 72

Higginbotham

OCTOBER 5, 2023

In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. To stay ahead in the talent acquisition game, business owners and managers must consider innovative employee benefits that go beyond the basics.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

WEX Inc.

SEPTEMBER 6, 2023

When asked what benefit they’d like to learn more about, pet insurance received the third-most responses. By incorporating pet-related expenses into LSAs, you are able to cover a range of pet care costs, including pet insurance premiums, veterinary visits, grooming, pet supplies, and more! What else do LSAs commonly cover?

Recruitment 59

Recruitment Flexible Spending Account Health Savings Account Medical 59

HR Digest

FEBRUARY 10, 2023

In this article, we’ll take a look at 12 types of employee benefits , including health insurance, dental insurance, vision insurance, disability insurance, and life insurance. What are employee benefits? What are the 12 types of employee benefits?

Employee Benefits 52

Employee Benefits Paid Sick Leave Disability Insurance Life Insurance 52

Empuls

APRIL 22, 2024

Your employees are the ones who bring those ideas to life and propel your business forward.  This is especially true when you factor in the seemingly endless list of expenses: groceries, rent/mortgage, utilities, health insurance, car payments. Without a dedicated workforce, your brilliant ideas are just that - ideas.

Employee Benefits 40

Employee Benefits Family and Medical Leave Act Benefits Package Health Insurance 40

Business Management Daily

FEBRUARY 13, 2023

Here’s an in-depth look at what is the difference between employee engagement and job satisfaction and steps you can take to achieve both. Here’s an in-depth look at what is the difference between employee engagement and job satisfaction and steps you can take to achieve both. What is job satisfaction?

Family and Medical Leave Act 75

Family and Medical Leave Act Benefits Package PTO Retirement Plan 75

Higginbotham

JANUARY 4, 2022

Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. For life insurance claims, the claim would go directly to the policy’s beneficiary.

Health Insurance 52

Health Insurance Insurance Disability Insurance Life Insurance 52

Genesis HR Solutions

SEPTEMBER 22, 2020

This list of benefits (and their definitions) can help; compare the 16 types we’ve listed here to what you currently have available, and see if you’re offering things prospective employees are really looking for. Below, we’ve loosely categorized these types of employee benefits and given a basic definition of each. Medical Insurance.

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

Hppy

JULY 26, 2021

Employees are an indispensable part of every organization, as they are the ones who stay in touch with clients and take care of all the basic tasks. They include flexible work arrangements, increased communication, a supportive work environment, and encouraging the employees to take out insurance. Flexible Work Arrangements.

Health Insurance 83

Health Insurance Hospitality Insurance Life Insurance 83

Benefit Resource Inc.

FEBRUARY 1, 2022

More seasoned employees may be aware of what qualifying events are and the impact they have on pre-tax elections, but newer employees may not be as familiar with the changes involved. Even employees with good intentions might forget to adjust their pre-tax elections to reflect their updated status following a qualifying life event.

Taxes 70

Taxes Medical Health Insurance Insurance 70

Enjoy Benefits

FEBRUARY 9, 2023

It’s possible to plan for these via a range of Enjoy Benefits insurance plans. Now is the perfect time to do some life admin and opt for cover. Get treatment quickly with Private Medical Insurance The NHS is fantastic in many situations but sometimes we need a little more.

Insurance 52

Insurance Medical Benefits Package Finance 52

Enjoy Benefits

NOVEMBER 9, 2023

They simply choose an approved nursery for any children up to the age of five and the workplace nursery benefit saves them tax and national insurance on the full costs. As an example, savings could be over £2,900 for basic rate taxpayers and £4,200 for higher rate taxpayers, who are paying monthly nursery fees of £1,000 a month.

Pension 52

Pension Finance Taxes Insurance 52

Insperity

JULY 7, 2022

For all the speculation about what the future of work will be like, one could argue that “the future of work” is already here – it actually began in mid-March 2020 when workers around the world were sent home by their employers to slow the spread of COVID-19. What new changes will we further revise going forward?

PTO 105

PTO 401(k) Disability Insurance Human Resources 105

HR Digest

MAY 22, 2021

Here is a guide on what to look for in an ideal total compensation package. If you’re in the job market and get an offer with a salary that pays you $20,000 more than what you currently make, it goes without saying that you are supposed to take the money. Before we deep dive into the matter, let’s get to the basics.

401(k) 82

401(k) Disability Insurance Salary PTO 82

HR Digest

MAY 11, 2023

What is Anxiety? For those who have anxiety in a true sense, these feelings are not just nerves or anxiousness, but rather, an overwhelming feeling of alarm and even terror that can be provoked by basic day-to-day events or situations. A basic daily event can cause anxiousness for someone with a disability.

Workers’ Compensation 59

Workers’ Compensation Medical Insurance Employment 59

PeopleStrategy

OCTOBER 3, 2023

What Each Generation Typically Looks For Baby Boomers (born 1946-1964) are approaching retirement age, so their benefit preferences may focus more on retirement plans, health coverage, and financial security. Millennials (born 1981-1996) typically value work-life balance, professional growth, and wellness programs.

401(k) 52

401(k) Retirement Plan Parental Leave Health Savings Account 52

Business Management Daily

MARCH 13, 2023

Alyssa half-heartedly jokes that she’s glad she isn’t sick because her stupid insurance probably wouldn’t cover the doctor’s visit. The worker finds the role sufficient based on the adequacy of factors such as pay, employee benefits , hours, location, flexibility, work-life balance, and job security. Why does employee happiness matter?

Family and Medical Leave Act 96

Family and Medical Leave Act Pension Commissions Insurance 96

Genesis HR Solutions

JUNE 29, 2023

For those employers who recognize the need to establish or improve their employee mental health programs, it can be intimidating to figure out what you should be offering. Work-life balance is essential to mental health. Encourage work-life balance in your employees, and lead by example by doing the same thing in your life!

Voluntary Benefits 52

Voluntary Benefits Insurance Health Insurance Hospitality 52

InterWest Insurance Services

DECEMBER 3, 2021

That means breaking the benefits down to the basics in language anyone can understand. Avoid getting bogged down in health insurance jargon and keep it simple. After open enrollment, run a report looking at what plans your employees are signed up for and see if they are concentrated in certain plans. The simpler the better.

Health Savings Account 98

Health Savings Account Deductions Deductible Health Insurance 98

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. Value over gimmicks.

Employee Benefits 105

Employee Benefits Pension Consulting Parental Leave 105

Bayzat

JUNE 20, 2021

In life, unexpected things happen and the best you can do is stay prepared. When it comes to your health, getting health insurance is not a question of should you get it but rather, which health insurance is the best for you. You probably have a lot of important possessions that could use insurance.

Health Insurance 52

Health Insurance Insurance Healthcare Medical 52

HR Bartender

JANUARY 5, 2018

What I liked about this infographic is its practicality. But they do need to do the basics well. That means 1) employees need to have benefits like health insurance so they can take care of themselves and 2) they need to have some semblance of a personal life. Employees do their best work when they feel their best.

Health Insurance 119

Health Insurance Human Resources Insurance Technology 119

HR Digest

NOVEMBER 20, 2023

Employee benefit plans can offer additional monetary support such as retirement planning assistance, 401(k) plans , student loan assistance, dental insurance, etc., are just some of the ways that employers can offer to improve the quality of life. Image credit – Pexels) How to Recruit Top Talent?

Recruitment 110

Recruitment IT 401(k) Health and Welfare 110

Fringe Benefit Analysts

MAY 8, 2022

These independent contractors advise employers and other sponsors of insurance plans, so they can research and choose the best plans for both the company and its employees. These tools simplify matters and reduce the amount of paperwork necessary to move forward with an insurance vendor.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

PeopleStrategy

DECEMBER 6, 2023

Once you know what you’re looking for, you can begin to offer solutions and support to employees starting with a review of benefits offerings to ensure mental health is incorporated. And while getting work done is the primary goal of any job, work-life balance is a real thing. It’s OK to promote work-life balance.

Flexible Spending Account 52

Flexible Spending Account Utilities Flexible Spending Commissions 52

Employee Benefits

JULY 12, 2023

A more mature strategy is likely to include an element of choice so employees can opt for what is important to them. Jane Hulme, HR director at Unum, says: “Identify what is currently working and whether there are any gaps. Need to know: As businesses grow, it is vital that their employee benefits strategies also evolve.

Pension 98

Pension Net Pay Paid Leave Taxes 98

Business Management Daily

SEPTEMBER 22, 2021

Employees get to select a new plan for their health insurance and opt into other employee benefits for the next year. Find out what enrollment deadlines you are up against from your different benefits vendors and providers. Then decide how long you want the open enrollment period to last and what dates would work best.

Employment 90

Employment Benefit Providers Deductions Deductible 90

cipHR

NOVEMBER 15, 2021

And, what details do we need to check when we do? However, if they have any other form of income, get benefits-in-kind from their employer (health insurance, life insurance or a company vehicle etc) or claim tax relief for any other reason, it will affect this tax code. Is your National Insurance (NI) number correct?

Pension 98

Pension Gross Pay Payroll Deductions 98