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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. Health care flexible spending accounts 3. Paid time off banks covering vacation and sick leave 8. Flexible scheduling 11. Health insurance 2. Dental or vision insurance 4. Overtime pay 3.

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Year-end checklist for HR

PeopleStrategy

If certain individuals received raises or promotions, make sure these changes are reflected in their current pay stubs as well as in tax documents and company records. Annual, quarterly or holiday bonuses should also be accounted for. Report benefits enrollment information. Make any necessary updates to FSAs.