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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

Although most companies choose this option, it may be a costly decision, since employees will receive an extra paycheck, along with extra taxes withheld and extra benefits provided. Savings bonds, United Way, creditor and child support garnishments, deductions for other outside groups and other voluntary deductions.

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6 Things Employees Should Understand About COBRA Coverage

Benefit Resource Inc.

Since 1985, COBRA, has given workers (and their families) the right to choose to continue health benefits provided by their group health plan for limited periods of time. Let’s break it down… 1) COBRA Coverage is Available for a Variety of Benefits. 2) Timing Matters.

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Open enrollment checklist for employers

Business Management Daily

It’s also natural to expand your benefit offerings as the company grows. Many businesses start out with basic health plans and then add on dental and vision once they’re able to. You may also want to check out the job ads on Glassdoor pages of other companies in your industry to see what benefits they are offering.

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Why you should offer Blue Cross Blue Shield Massachusetts health care to your employees

Genesis HR Solutions

Power ranked Blue Cross Blue Shield of Massachusetts number one in member satisfaction among all commercial health plans in Massachusetts. In 2019, BCBS Massachusetts achieved the highest score for coverage and benefits, provider choice, information and communication, and billing and payment. Health Savings Account.

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

How much of an employee’s salary is made up of benefits. Common Employee Benefits. Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

5 Source Features Health, dental, and vision insurance Life and disability insurance 401(k) retirement plans Health savings accounts Flexible spending accounts Workers’ compensation insurance Commuter benefits, gym memberships, and mental health assistance.