HR Digest

MAY 22, 2021

If you’re in the job market and get an offer with a salary that pays you $20,000 more than what you currently make, it goes without saying that you are supposed to take the money. Oftentimes a higher salary might not actually mean more money in your pocket. Retirement benefits – include 401(k)/403(b), pension plans, etc.

401(k) 82

401(k) Disability Insurance Salary PTO 82

Genesis HR Solutions

JUNE 23, 2022

Our software pushes PTO information directly into the payroll, creating a user-friendly workflow for clients that minimizes mistakes. Learn more about employee eligibility and why it matters here: Free white paper: Hourly or salaried? Employees benefit from a well-managed, compliant 401(k) retirement plan.

401(k) 52

401(k) Retirement Plan Paid Leave PTO 52

Vantage Circle

NOVEMBER 30, 2022

Not just salary. Paid Time Off (PTO). Offering paid time off— or PTO— can be a great extrinsic reward for those companies. PTO is any time off that is compensated by an employer. This means PTO is every vacation time, sick days, bereavement, and jury duty are all PTO.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

Achievers

OCTOBER 20, 2020

Profit sharing plans are a type of defined contribution plan that can serve as an alternative or supplement to more traditional plans like a 401k. If a profit sharing plan doesn’t suit your company, you can still use retirement benefits to incentivize employees by offering to match part or all of their 401k contributions.

Employee Incentives 264

Employee Incentives Profit Sharing Plan 401(k) Bonuses 264

Insperity

AUGUST 9, 2016

Aim for a plan that covers at least 60 percent of employees’ salaries. Retirement savings plans – Offering a defined contribution retirement plan, such as a 401(k), can help you stay competitive. Leave amount – the total dollar amount of the employee’s paid leave for the calendar year (based on their current salary/wages).

Banking 51

Banking Employee Benefits Disability Insurance 401(k) 51

Insperity

MARCH 12, 2024

In a 401(k) plan, the most common type of retirement plan, employees can save up to a certain amount set by the U.S. Most employers offer their employees PTO – usually between 10 to 14 days per year at minimum. Internal Revenue Service (IRS) each year. Many employers match their employees’ contributions to boost their savings.

Family and Medical Leave Act 57

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