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Leveraging employee financial wellness programs in your benefits strategy

Higginbotham

Developing an Employee Financial Wellness Program Employees typically look for competitive compensation, but a good salary alone isn’t necessarily enough to ease financial difficulties. This is a new option that went into effect on March 27, 2020, and is set to end on December 31, 2025, assuming it’s not extended.

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Employee Benefits: The Only Guide You Need

Achievers

Employee benefits are non-salary compensation and perks. 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. What are employee benefits? . What are benefits that are voluntary?

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Paid Family Leave by State Number Increasing in U.S.

HR Digest

Paid family leave benefit amount: Approximately 60-70% of the employee’s weekly salary. Delaware Delaware’s Healthy Delaware Families Act goes into effect in 2025. Employer contributions begin in 2025, and employees can start applying for benefits in 2026. Who pays: Employees Contribution rate : 1.1% of employee wages.