article thumbnail

What Are Fringe Benefits and Are They Taxable?

HR Digest

Paid time off (PTO) , travel reimbursement, tuition reimbursement, menstrual leave, and childcare assistance are some common types of fringe benefits. Employee Stock Options (ESO) are an increasingly common way for publicly traded companies to compensate their employees. Do Fringe Benefits Count as Income?

401(k) 52
article thumbnail

Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

Pensions are a compulsory benefit provided by employers in the UK. All new hires are auto-enrolled into the UK pension scheme and a minimum of 8 percent of contribution is to be made by the employer and the employee combined. Retirement benefits Pension is the most important part of retirement benefits in the UK.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Employees want to feel that their hard work is recognized and that they have opportunities to grow and advance in their careers. Here are some ideas for financial benefits and professional development: Retirement savings plans : Offering retirement savings plans, such as 401(k) plans or IRAs, is a common benefit offered by many employers.

article thumbnail

10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

5 Source Features Health, dental, and vision insurance Life and disability insurance 401(k) retirement plans Health savings accounts Flexible spending accounts Workers’ compensation insurance Commuter benefits, gym memberships, and mental health assistance.