Griffin Benefits

NOVEMBER 23, 2021

Younger employees may not see retirement as a crucial need, yet if they are made to understand the value of compounding interest (and employee matching), they may make an entirely different selection when it comes to their level of participation in an employer’s 401(k).

401(k) 55

401(k) Retirement Plan Healthcare Life Insurance 55

Insperity

FEBRUARY 20, 2020

These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insurance Life insurance Workers’ compensation Unemployment insurance.

401(k) 97

401(k) Paid Vacation Disability Insurance Insurance 97

Winston Benefits

APRIL 10, 2018

The level of education and experience employees need for manufacturing jobs, combined with a higher rate of collective bargaining, means employers need to offer strong packages to attract employees. Graco , for example, offers a variety of life insurance plans for employees and eligible dependents. Tuition Reimbursement.

Manufacturing 45

Manufacturing 401(k) Employee Benefits Life Insurance 45

Higginbotham

JANUARY 27, 2022

Investment accounts, 401(k) retirement funds and life insurance policies usually pass directly to a beneficiary who is named in the account or policy, so they do not go through the probate process and need not be included in a will. Your main assets, such as investments or life insurance, are not subject to probate.

Taxes 69

Taxes 401(k) Life Insurance Banking 69

PeopleStrategy

SEPTEMBER 17, 2019

More companies are offering discretionary time off (DTO), unlimited time off and mandatory paid sabbaticals to provide better work-life balance, but these plans are not feasible for all businesses. Financial benefits : The traditional financial benefit is to help employees save for retirement in the form of a 401(k) or 403(b).

Benefits Package 49

Benefits Package Comprehensive Benefits 401(k) Flexible Spending Account 49

Empuls

MAY 7, 2023

They provide a range of benefits and perks to employees beyond their regular wages, including health and wellness benefits, retirement benefits, time-off benefits, employee perks and discounts, and educational assistance. Retirement benefits Retirement benefits include pensions, 401(k)s, and other retirement savings plans.

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Patriot Software

MARCH 4, 2019

Taxable cost of group-term life insurance in excess of $50,000. Non-excludable educational assistance payments. Insurance protection under a compensatory split-dollar life insurance arrangement. Let’s say an employee earning $50,000 contributed $2,000 to their 401(k) during the year.

Retirement Plan 40

Retirement Plan 401(k) Taxes Life Insurance 40

UpstartHR

APRIL 18, 2016

The number one predictor of whether someone was going to save significant money in their 401k plan? Do you think Isabel will be able to handle that new project after her spouse (the main breadwinner) passed away with no life insurance? Average 401K account balance is just $72,000. The results were shocking.

401(k) 45

401(k) Employment Retirement Plan Finance 45

Insperity

MARCH 12, 2024

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.

Family and Medical Leave Act 57

Family and Medical Leave Act Employee Benefits PTO 401(k) 57

Vantage Circle

MAY 18, 2023

As a gesture of gratitude towards their diligent workforce, employers can offer various retirement plans such as 401(k) or pension-based schemes. Education Assistance: 48% of companies provide undergraduate or graduate tuition assistance benefits ( SHRM ). Many employers offer life insurance as a benefit to their employees.

Family and Medical Leave Act 105

Family and Medical Leave Act Life Insurance Health Insurance Retirement Plan 105

Employee Benefits

DECEMBER 22, 2023

Yet, gaps in financial education and familial wealth still exist when LGBTQ couples are compared to their non-LGBTQ counterparts. These individuals are 5% less likely to have a 401(k) or retirement plan and 12% less likely to have an IRA. 2% higher and as a group overpaid by an estimated $86 million each year for home mortgages.

401(k) 105

401(k) Health Insurance Finance Taxes 105

Empuls

MAY 8, 2023

Key components of an employee benefits package Major components of an employee benefits package include health insurance, retirement plans, and Paid Time Off. Others, like location-bound perks and life insurance, are also becoming the norm. Life insurance basically covers post-death expenses of an employee.

Benefits Package 52

Benefits Package Employee Benefits 401(k) Retirement Plan 52

Empuls

DECEMBER 29, 2022

  People love employers that support their financial wellbeing with targeted plans and coaching designed to help employees buy a home, complete their education, get married, become a parent, or deal with childcare and education. Supplemental income includes stock options, 401 (k) plans, bonuses, etc.

Family and Medical Leave Act 52

Family and Medical Leave Act Disability Insurance Retirement Plan 401(k) 52

Higginbotham

OCTOBER 14, 2022

Different health plan types come with both advantages and disadvantages, including differences in cost, risk and employee involvement/education. Disability Insurance and Life Insurance. Life insurance is a popular choice. Other Key Benefits.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Genesis HR Solutions

APRIL 23, 2020

Types of benefits include: Health and welfare benefits: Typically medical, dental, vision, disability, and life insurance products. Pre-tax savings plans can also be included here, as well as ancillary benefits like accident, illness, and pet insurance. Retirement benefits: 401(k), 403(b), 457(b) retirement plans and IRAs.

Health and Welfare 52

Health and Welfare Electronics 401(k) PTO 52

Business Management Daily

AUGUST 28, 2023

What’s great about Paycor is they understand the HR and payroll needs of various niche industries, such as: Healthcare Manufacturing Retail Food and Beverage Education Nonprofits As such, Paycor will tailor its software to your specific business needs, which is invaluable for companies in the industries listed above.

Software 52

Software Human Resources Payroll PTO 52

McNees

JANUARY 19, 2021

Similar to the COVID distributions, a 401(k) may allow “qualified disaster distributions” up to $100,000 that will not be subject to the 10% early withdrawal penalty. Special Disaster-Related Rules for Use of Retirement Funds. Excess Pension Asset Transfers.

Employee Benefits 40

Employee Benefits Flexible Spending Health Insurance Pension 40