Vantage Circle

SEPTEMBER 23, 2023

Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. Health Insurance A healthy employee is a productive employee.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits 401(k) Employment 59

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. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Health Consultants Group

APRIL 1, 2021

How CARES Act Affects Employee Retirement Plan Distributions. That includes compliance with CARES Act Section 2202 , Special Rules For Use of Retirement Funds. Employees who met these coronavirus-related conditions qualified for retirement plan distributions under the special rules. CARES Act Retirement Plan Rules.

Retirement Plan 52

Retirement Plan 401(k) Taxes Pension 52

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

401(k) 98

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

HR Digest

OCTOBER 22, 2023

Some companies can offer mental health support for all their employees. Something as serious as retirement planning assistance could just as soon be a benefit as providing a gym membership for employees who want to work out. Fringe benefits can take on many forms and its definition can vary according to the company.

401(k) 52

401(k) Employee Stock Option Deductions Deductible 52

Best Money Moves

JUNE 1, 2022

Here’s how employers can support their teams cope with inflation with the right benefits choices. . Luckily, there are methods employers can use to help employees weather this period. Here are 5 benefits employers can use to help employees cope with inflation. Improved Retirement Benefits. Health Care Assistance.

401(k) 102

401(k) Out of Pocket Cost Benefits Package Finance 102

InterWest Insurance Services

AUGUST 30, 2022

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. The popularity of medical insurance is well established. 401(k)s or other retirement plans.

Benefits Package 98

Benefits Package 401(k) Disability Insurance Health Insurance 98

HR Lineup

DECEMBER 29, 2022

Engage PEO is a professional employer organization (PEO) that provides comprehensive HR solutions for small and medium-sized businesses. These include access to a wide range of health insurance plans, 401(k) retirement plans, and employee assistance programs.

401(k) 52

401(k) Retirement Plan Health Insurance Professional Employer Organization 52

Griffin Benefits

JULY 5, 2023

Employers of every size continue to struggle with the rising costs of healthcare, which ultimately increases the cost of medical premiums for everyone. One solution means looking inward: transitioning from the fully funded model of healthcare benefits to self-funded health plans featuring stop-loss insurance.

Health Insurance 52

Health Insurance Insurance Pharmaceutical Healthcare 52

Insperity

MAY 26, 2023

From employment issues and complicated compliance updates, it’s easy to get overwhelmed. This is where a professional employer organization (PEO) can come in as a partner to assume many of your employer related HR responsibilities, freeing up time for you to focus on bigger-picture goals.

401(k) 67

401(k) Disability Insurance Professional Employer Organization Comprehensive Benefits 67

Genesis HR Solutions

MAY 2, 2023

For employers and employees, there are myriad HR terms to know and understand. 1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

Family and Medical Leave Act 52

Family and Medical Leave Act 401(k) Flexible Spending Account Health Savings Account 52

Business Management Daily

APRIL 29, 2024

A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. Fringe benefits are how employers make up the gap. People want more. However, there are a few categories into which they usually fall.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

Insperity

APRIL 5, 2016

While it’s not really your job to make sure your employees are saving for retirement, having a 401(k) plan among other benefits can help you both. There are a few ways you can help Gen X – and your entire workforce – get on the retirement savings bandwagon: Have a good provider. Accessibility to service.

401(k) 60

401(k) Employment Retirement Plan Professional Employer Organization 60

HR Digest

NOVEMBER 10, 2022

These benefits range from health insurance to paid time off. These plans cover the aspects of an employee’s life where solutions can be offered. Examples of these benefits include retirement plans (such as 401(K), ESOP, etc), reimbursement plans for travel or tuition, employee bonus , paid time off (PTO), and many more.

Employee Benefits 52

Employee Benefits 401(k) Disability Insurance Health Insurance 52

Higginbotham

APRIL 11, 2022

The PTC is available to eligible individuals who purchase health insurance coverage through the Exchange. Individuals who have access to affordable, minimum value employer-sponsored coverage are not eligible for the PTC. Employer Takeaway. Overview of the Proposed Change. House Passes “SECURE 2.0” Key SECURE 2.0

401(k) 52

401(k) Taxes Retirement Plan Pension 52

HR Digest

OCTOBER 27, 2021

We know, the last thing you want to do is prepare what to include in the letter of employment. A letter of employment is not only about the salary offered but the perks, the way the offer letter is worded and presented. It is also a legal document that generally is biased towards the employer. Starting date. Reporting Date.

Retirement Plan 98

Retirement Plan 401(k) Health Insurance Salary 98

Genesis HR Solutions

JUNE 23, 2022

We’ve heard your story before, and we’re happy to say—there’s a good ending in store for companies like yours who take the chance to grow and scale by partnering with GenesisHR, a professional employer organization (PEO). Whether you’re offering health insurance, HSAs, FSAs, (and any other acronym!), Take a look!

401(k) 52

401(k) Retirement Plan Paid Leave PTO 52

Hppy

JANUARY 19, 2018

The truth is, people usually wait until retirement is right around the corner to get their financial house in order. As an employee’s retirement approaches, the employee or their financial advisor may begin to flood you with questions about your company retirement plans. How much can I save in my 401k?

401(k) 47

401(k) Health Insurance Retirement Plan Insurance 47

Higginbotham

DECEMBER 21, 2023

Changing Employee Needs and Expectations The workforce has changed markedly in recent years, differing significantly from that of just a decade ago, particularly in their expectations for employer-provided benefits. Some employers contribute to student loan repayments or provide access to financial advisors.

401(k) 52

401(k) Benefits Package Retirement Plan Flexible Spending Account 52

Corporate Synergies

AUGUST 15, 2018

Older workers approaching full retirement age (where they can begin receiving 100% of Social Security), face daunting decisions this, Medicare, and retirement plans such as health savings accounts (HSAs) and 401(k)s. There are specific rules about contributions and withdrawals in retirement.

401(k) 40

401(k) Education Health Savings Account Employment 40

HR Digest

DECEMBER 15, 2019

A letter of employment enumerates what entails the position that a person has finally been selected for after a long process. It is a legal document that generally is biased towards the employer. The job offer can be worded according to the job and conditions of employment. Please find attached the detailed compensation plan.

Retirement Plan 87

Retirement Plan 401(k) Health Insurance Salary 87

Business Management Daily

SEPTEMBER 15, 2021

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Someone definitely could view an employee benefits package that lacks health insurance or paid sick days as a reason to not accept an offer of employment.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Higginbotham

JANUARY 18, 2022

The surge in employee turnover has impacted many industries, and employers are struggling to hire and retain enough workers to keep companies running smoothly. According to SHRM , employers are also offering new benefits and perks in an attempt to attract workers in the tight labor market. Retirement Plans. Commissions.

401(k) 52

401(k) Disability Insurance Salary Life Insurance 52

Vantage Circle

JULY 5, 2019

The idea of providing financial wellness benefits has always been a prime matter of concern for employers. Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement.

401(k) 90

401(k) Finance Retirement Plan Education 90

Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. 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.

401(k) 73

401(k) Disability Insurance Flexible Spending Account Deductions 73

Business Management Daily

FEBRUARY 16, 2024

While there’s no one-to-one relationship between, say, a fancy espresso machine and high productivity, employers who value worker well-being perform better than those who don’t. Workplace perks show people they matter to their employer while also providing them with something of value. Great workplaces produce great work.

Food 87

Food Retirement Plan 401(k) Bonuses 87

Hppy

SEPTEMBER 27, 2023

The dynamics between these two types of employment can be challenging to navigate, with both groups often having distinct needs, expectations, and perceptions. Their benefits might include health insurance , retirement plans, and paid time off. They might be seen as outsiders or temporary solutions.

401(k) 36

401(k) Health Insurance Management Retirement Plan 36

Insperity

FEBRUARY 20, 2020

Employers that offer the right set of workplace perks can realize benefits to their business and their workforce. Flexible work schedules reap benefits for both the employee and employer, such as: Productivity increases. And note that this workplace perk doesn’t cost the employer a dime. Emphasis on value.

401(k) 98

401(k) Paid Vacation Disability Insurance Insurance 98

Empuls

APRIL 28, 2023

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. Attracting and retaining top talent is more important than ever. What are employee benefits?

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Corporate Synergies

AUGUST 6, 2018

High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% Treat the HSA More Like a 401(k) than an FSA. But do they really understand HSA value?

401(k) 40

401(k) Health Savings Account Retirement Plan Deductions 40

Hppy

OCTOBER 24, 2023

Financial Education and Resources Research indicates that offering financial education and resources in the workplace can yield significant benefits for both employers and employees. According to a 2022 survey by the Society for Human Resource Management, only 21% of employers currently offer non-retirement financial benefits.

401(k) 36

401(k) Human Resources Financial Counseling Education 36

Empuls

MAY 7, 2023

As an employer, you are responsible for keeping your employees happy, motivated, and engaged. Employee benefits programs are an integral part of any organisation's compensation plan. Health and wellness benefits These benefits include medical, dental, vision, and other health-related benefits.

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

Winston Benefits

JANUARY 16, 2018

And competition will only grow; according to the Bureau of Labor Statistics , employment in engineering is expected to grow 4 percent between 2014 and 2024, with higher growth rates in biomedical, environmental and civil engineering. Health Insurance. Here are some of the top benefits among engineering firms.

Engineering 49

Engineering 401(k) Benefits Package Parental Leave 49

PeopleStrategy

MAY 6, 2019

First, it’s important to note a common priority (not surprisingly) across all generations: health insurance. Retirement-planning priorities. The Society for Human Resource Management noted in its 2018 Employee Benefits Report that 95 percent of employers offer at least one retirement plan to workers.

401(k) 40

401(k) Retirement Plan Benefits Package Human Resources 40

Patriot Software

MARCH 4, 2019

But, Form W-2 details stump many employers and employees. Accident and health insurance premiums for 2%-or-more shareholder-employees (if you have an S Corp). Taxable cash benefits from a Section 125 cafeteria plan. Employee and employer contributions to an Archer MSA. About Form W-2 Box 1.

Retirement Plan 40

Retirement Plan 401(k) Taxes Life Insurance 40

Insperity

AUGUST 9, 2016

To attract talent and compete effectively, many businesses first elect to offer: Health insurance – Due to the rising costs of health care, this is a must in the eyes of many employees. Choosing a high-deductible plan may help you pay less in premiums, but requires your employees to cover more of their costs out of pocket.

Banking 51

Banking Employee Benefits Disability Insurance 401(k) 51

Vantage Circle

AUGUST 16, 2021

Most times, employers award a bonus for a specific achievement that meets the company's expectations. Retirement Plans. Who doesn't want to retire early? Offering retirement plans as a kind of employee incentive program is an attractive concept for all employees. Monetary Incentives. Dearness Allowance.

Employee Incentives 52

Employee Incentives Bonuses Retirement Plan 401(k) 52