article thumbnail

Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

Voluntary benefits include a variety of options, all designed to enhance your overall well-being and provide financial security. Here are some prime examples: Supplemental life insurance : This benefit allows you to bolster your life insurance coverage, ensuring your loved ones are well taken care of in case of the unexpected.

article thumbnail

A HR guide to employee benefits

Employee Benefits

A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. These benefits can include extra holiday, life insurance and childcare to name a few.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PES Benefits

HR Lineup

By understanding the unique needs of employees and the culture of the company, PES Benefits can design tailored benefit packages that cater to both individual preferences and the broader objectives of the business. PES Benefits differentiates itself through its emphasis on technology-driven solutions and streamlined administration.

article thumbnail

Identifying the “Perks” on National Employee Benefits Day

Benefit Resource Inc.

This year, we celebrate this event amid uncertain times, where the need for good employee benefits has become more critical than ever before. These eight benefits provide an opportunity for over $30,000 of increased value to employees each year.*

article thumbnail

What are fringe benefits? What employers need to know

Insperity

You might also want to add non-taxable perks such as time off for volunteering in the community, the occasional theater and sporting event tickets or marathon sponsorships. Examples of taxable fringe benefits include: Non-business use of company cars Cash (bonus pay) Gym memberships Paid personal time off.

article thumbnail

How to Design an Employee Benefits Program Effectively

Empuls

Employee perks and discounts These benefits include discounts on products and services, exclusive events, and other perks not typically available to the general public. They are designed to provide employees with unique and enjoyable experiences that they may not have otherwise. This can help reduce your overall costs.

article thumbnail

Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Keeping this in mind, the organization offering to cover their employee's medical insurance is a huge load off of their shoulders. They are reassured that they will be well taken care of in the event of any health issues. Dental Insurance Employers pay for employees' dental care, including checkups and necessary upkeep.