Employee Benefits

MAY 30, 2023

Private healthcare provider Bupa and employee benefits provider Vivup have been shortlisted in the category Best Supplier to Work For at the Employee Benefits Awards 2023. It is only open to internal HR teams of employee benefits providers, suppliers, advisers and consultants.

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InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. “A multi-generational workforce is a huge benefit for companies,” said Liz Ahmed, executive vice president of People and Communications at Unum.

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401(k) Health Insurance Insurance Voluntary Benefits 98

WEX Inc.

MAY 24, 2023

As Bri Boerner, senior operational writer, global talent development at WEX explained in the latest Benefits Buzz podcast episode, “It may seem like a barrier if they just see a term they don't understand. Employers should consider year-round benefits communication to ensure that employees are up-to-date and informed about their benefits.

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HR Lineup

APRIL 11, 2023

Employment is a significant part of our lives, and it comes with various benefits and perks. One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time.

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Employee Benefits

JUNE 8, 2023

For example, a one-fits-all approach may be the simplest way to build your employee benefits package, but it’s not effective, sustainable, and is unlikely to yield positive results or a return on investment. The post EMPLOYEE BENEFITS STRATEGY: A STREAMLINED SOLUTION appeared first on Employee Benefits.

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Employee Benefits

OCTOBER 4, 2023

Employee Benefits Live 2023: Enterprise Rent-A-Car has supported employees during the cost-of-living crisis with a salary increase and conducted a benchmark analysis of its pay and benefits providers. Centrica focused on communication in order to increase employees’ engagement with the benefits they have.

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WEX Inc.

OCTOBER 5, 2023

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. What factors should you consider in making decisions about voluntary benefits?

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Employee Benefits

JANUARY 15, 2024

But what benefits can employers offer to support the ageing workforce? Employers can offer this tool to employees through benefits providers, while the Department for Work and Pensions has a dedicated website. The post Benefits to support an older workforce appeared first on Employee Benefits.

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Pension Retirement Plan Benefits Package Benefit Providers 111

cipHR

JULY 21, 2020

CIPHR’s head of HR, Gwenan West, shares how employers can put together a benefits package that makes all employees feel valued. Part of the answer lies with employee benefits. A workplace pension scheme, a health cash plan, and other benefits can show employees that they matter to their organisation. organisations. “If

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Benefits Package Pension Benefit Providers Healthcare 81

Best Money Moves

MARCH 11, 2024

Making these benefits as inclusive as possible is another factor to consider. Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave.

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Retirement Plan Healthcare Healthcare Benefits Parental Leave 91

HR Lineup

OCTOBER 18, 2023

It simplifies the process of calculating salaries, factoring in taxes, deductions, and benefits. One of Plane’s standout features is its ability to integrate seamlessly with various HR tools and benefits providers. For startups, where efficiency and agility are paramount, Plane is a game-changer.

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Payroll Retirement Plan Benefits Package Health Insurance 52

Benefit Resource Inc.

FEBRUARY 14, 2022

The vast majority of companies provide employee benefits to their workers, and as an employer, nothing offers better returns than investing in your employees. Here are the three reasons why you should love your benefits package! That’s why employers should be offering medical and health-related benefits.

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401(k) Flexible Spending Account Health Savings Account Benefits Package 81

Employee Benefits

MARCH 11, 2024

Meanwhile, emergency or back-up childcare provision in the form of emergency nannies, nurseries, childminders and holiday clubs can be offered through dedicated childcare benefit providers’ apps and websites. It will then be extended to 30 hours for those with a child aged under five in September 2025.

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Employment Parental Leave Education Recruitment 112

HR Digest

FEBRUARY 10, 2020

The organization values its every member and their efforts for the company, which is why they provide efficient tuition facilities for the employees. The benefits provided by this organization are fruitful for its workers. The efficient tuition assistance facilities provided by this company can be testified by the 3.3

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Hppy

MARCH 14, 2023

Indeed the latest BLS stats show that while at least two thirds of people in permanent public or private sector roles have core benefits like healthcare available to them, the same is not guaranteed for those with non-permanent positions.

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Hppy

JANUARY 17, 2023

One of the key ways to retain employees is through effective compensation and benefits packages. . The purpose of this article is to explore the role of compensation and benefits in employee retention, highlighting the importance of these factors and providing best practices for designing and implementing effective packages.

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HR Lineup

JUNE 9, 2023

With a strong focus on meeting the diverse needs of employees, PES Benefits has established itself as a trusted partner for businesses seeking to enhance their benefits offerings. One of the key strengths of PES Benefits lies in its ability to customize benefit plans to align with the specific goals and values of each organization.

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Empuls

MAY 7, 2023

Employee benefits statistics to support why they are so important in 2023 Employee benefits are important for several reasons: They can help companies attract and retain top talent. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

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Fringe Benefit Analysts

MAY 8, 2022

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. This usually includes presenting all suitable vendors and the benefits they offer, as well as the varying costs, to the employer.

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Insperity

JANUARY 27, 2022

Some states may also tax fringe benefits, so be sure to check with your state tax authority before designing a fringe benefits package. Examples of taxable fringe benefits include: Non-business use of company cars Cash (bonus pay) Gym memberships Paid personal time off. 31 of the year after you give them to the employee.

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Employment Taxes Health Savings Account Benefits Package 92

Employee Benefits

APRIL 2, 2023

Providing access to financial advisors or services is also a great staff benefit to support employees and allow them to make informed financial decisions. 2. Healthcare Coverage Healthcare coverage is a crucial staff benefit; providing easy access to good healthcare will improve the overall wellbeing of your employees.

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Outsourcing Payroll Benefits Package Healthcare Payroll 52

Empuls

SEPTEMBER 28, 2023

In this blog, we have described everything from the best employee benefits in the UK to the way an employee benefits package can be designed for employees, the legal regulations, tax compliance and other nuances with regard to the subject. Pensions are a compulsory benefit provided by employers in the UK.

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Employee Benefits

JULY 12, 2023

Need to know: As businesses grow, it is vital that their employee benefits strategies also evolve. Any organisation’s needs will change as it grows, whether that is premises, staffing or employee benefits strategies. This not only prepares providers for large shifts in take-up, but it helps with cost planning too.

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HR Lineup

FEBRUARY 2, 2024

Leave encashment is a significant aspect of employment benefits, providing employees with the option to convert their unused leave days into monetary compensation. Leave encashment is a flexible benefit that caters to the diverse needs of employees. The post What is Leave Encashment?

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Vantage Circle

SEPTEMBER 23, 2023

If you sincerely believe that, you take it seriously and invest more in employee benefits. Why Are Employee Benefits Important? In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. Pension Plans A pension plan is a benefit for employees.

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Empuls

APRIL 28, 2023

Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences.

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

Employee Benefits

JANUARY 4, 2022

Importance of benefits. Research published by benefits provider Unum in December 2021, meanwhile, found 40% of staff who quit their job say a better employee benefits package would attract them to a new employer. The post How will the ‘Great Resignation’ change employees attitudes to employee benefits?

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HR Digest

MARCH 6, 2024

Top Employee Retention Strategies to Try Out in 2024 One of the most effective employee retention strategy examples is to offer competitive salaries and benefits that attract talent towards your organization. These sorts of employees may not be in large numbers, but they make a considerable impact when they walk out.

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HR Professionals Magazine

JULY 26, 2022

Sure, 401(k)s are an incredibly important part of a company’s total benefits package. And with the current employment climate, I’m sure your company is considering your benefits package now more than ever before. We are all fishing shoulder to shoulder out of a shallow talent pool and the talent “ain’t bitin’.”

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Benefit Resource Inc.

JUNE 17, 2021

Changing your benefits package to accommodate this flexible work model gives your employees another reason to stay. Do it with Specialty Accounts — the swiss-army knife of the benefits world! Design an Alternate Commuter Benefit Program. Provide a general meal-delivery credit each month for all the above.

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Vantage Circle

JANUARY 30, 2022

If you are a leader or HR professional, you know how important benefits are to the modern workforce. It's no secret that employee benefits are an excellent employee retention strategy. In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years.

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Benefit Resource Inc.

SEPTEMBER 8, 2021

Here are three ways to get employees to “swipe right” on your benefits. The first step to getting employees to “swipe right” on your benefits is for them understand what they are looking for in a benefits package. Provide 3-5 data points explaining each account. Set up profiles and filters.

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Vantage Circle

JUNE 24, 2019

An employee benefits program is important and costly at the same time. The benefits you offer will make or break your employee's decision to work for you. As an employer have you ever wondered if your employee benefits program is designed the way you wanted it to be. STEPS TO BUILD YOUR EMPLOYEE BENEFITS PROGRAM: 1.

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Business Management Daily

SEPTEMBER 29, 2021

Open enrollment is an important period for employees to make changes to their benefits enrollments including their health insurance plan selection. If the provider deadlines are missed, late enrollment may not be allowed without a qualifying life event. Typically it is around 2-6 weeks long. Holidays and seasonal demand.

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Employee Benefits

JANUARY 12, 2022

Jamie Mackenzie, director at benefits provider Sodexo Engage, is of the opinion that employers could foster an environment of peer-to-peer recognition and get their staff into the habit of regularly showing their appreciation to each other for their efforts. Godley says it demonstrates how employees are re-thinking what motivates them.

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Business Management Daily

NOVEMBER 30, 2021

They are a great add-on to a business’ employee benefits package and help employees pay for the expenses that they need to stay healthy and care for their loved ones. The card is issued by the benefits provider that the employer has chosen to work with for the FSA. What happens to unused FSA funds?

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Empuls

APRIL 26, 2023

Providing employee flexibility reduced attrition by 20% at Neiman Marcus which demonstrated that schedule flexibility is a key driver of success in the retail industry. Although the retail industry may seem ideal for “casual” workers with limited career prospects, there are opportunities for advancement.

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