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Importance of Employee Benefit Package And Why it Matters

HR Digest

Matching 401(k) contributions 2. Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. You can provide many of these benefits affordably through group plans tailored for small employers.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

401(k)s or other retirement plans. Dental insurance. Life insurance. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Defined benefit pension plans. Critical illness insurance. Cancer insurance.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Meeting Legal And Ethical Obligations: Certain benefits, such as health insurance, retirement plans, and paid time off, may be required by law in many jurisdictions. Dental Insurance Employers pay for employees' dental care, including checkups and necessary upkeep. And the choices within these plans?

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Leveraging employee financial wellness programs in your benefits strategy

Higginbotham

Department of Labor explains that the Employee Retirement Income Security Act (ERISA) covers two main types of retirement plans: defined benefit plans and defined contribution plans. Defined benefit plans promise a specified monthly benefit at retirement. million people have federal student loan debt.

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Total compensation package examples

Higginbotham

Retirement Plans. Health Insurance. Other Insurance (Dental Insurance, Vision Insurance, Life Insurance, Disability Insurance, Pet Insurance, etc.). Financial Wellness (Educational Tools, Credit Monitoring, etc.). Company A also offers a 401(k) with contribution matching.

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5 steps to more financially stable employees

Insperity

This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more. Offer disability insurance for added peace of mind. Make a 401(k) plan available to them.

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What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. 401(k) matching contributions. Insurance, including health, dental, vision, life, disability, etc.

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