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Importance of Employee Benefit Package And Why it Matters

HR Digest

Payroll taxes 2. Health insurance Those benefits provide a baseline of employee expectations. Paid time off banks covering vacation and sick leave 8. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Overtime pay 3.

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Take these steps to start building an employee benefits program that won’t break the bank. Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). Life insurance premiums are typically affordable for most businesses. Workers’ compensation.

Banking 50
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Prioritize Financial Well-being in the Workplace

Empuls

Source: Bank of America ) The heightened financial stress affecting employees' health and wellbeing profoundly impacts their organization's bottom line. Since they are tax-exempted, they also lower the employee's average tax bill by reducing the taxable income. What are the tax implications of these benefits?