Remove 401(k) Remove Flexible Spending Account Remove Life Insurance Remove Medical
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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Cafeteria plans are particularly good for participants who have regular expenses related to medical issues and childcare. Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Flexible spending account.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Disability.

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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts. Ditto for bonuses that are based on actual wages paid.

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What employees expect from benefits packages

Business Management Daily

To aid in the decision-making process, though, here’s a closer look at various types of employee benefits : Health insurance. Despite the emergence of the healthcare marketplace, people still look to their employer as the first and most cost-effective choice for medical insurance. Medical plans with no or low-cost deductibles.

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Open enrollment checklist for employers

Business Management Daily

Some benefits to consider adding or expanding are: 401K benefits: If your business is not matching contributions, you may want to look into what competing employers are doing in terms of retirement benefits and whether there is room in the budget to offer some level of matching. The IRS sets annual HSA contribution limits.

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Creating a comprehensive benefits package to attract and retain top talent

PeopleStrategy

In addition to meaningful health coverage, it’s wise to have vision and dental insurance as part of this category. Other options such as flexible spending accounts (FSA), health reimbursement accounts (HRA) and health savings accounts (HSA) can also help employees manage the financial costs of medical care.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Health insurance Health insurance aims to assist employees with the costs of obtaining medical care. This is one of the most critically important benefits to employees, given the generally high costs associated with medical care. In fact, you may be required by law to provide some of these benefits to employees.