Remove Benefit Providers Remove Flexible Spending Remove Health Remove Life Insurance
article thumbnail

Importance of Employee Benefit Package And Why it Matters

HR Digest

The mandatory benefits form the foundation of all employee benefit packages. Health insurance Those benefits provide a baseline of employee expectations. Besides these core benefits, there are many perks and fringe benefits a company can offer to round out the benefits package. Payroll taxes 2.

article thumbnail

PES Benefits

HR Lineup

PES Benefits provides a comprehensive suite of employee benefits, covering various areas such as health and wellness, retirement planning, and financial security. Additionally, PES Benefits recognizes the importance of supporting employees’ financial well-being beyond retirement planning.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. No federal or state agency requires you to adjust employees’ pay for the extra pay period. Figure pay based on 52.143 weekly pay periods or 26.07

Payroll 83
article thumbnail

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.

article thumbnail

Drive Employee Engagement with Transparency into Overall Benefits

Hireology

It’s a great start to list benefits on your career site or in your offer letters, but to maintain employee engagement, you should ensure your employees can easily access an overview of their benefits. In fact, the Bureau of Labor Statistics estimates benefits make up about 37.6 Make Employees Feel Valued.

article thumbnail

4 Ways Employee Engagement Has Improved in the Past Decade

Hireology

If employees can’t find their pay stubs, or lose track of how many systems they need to log into – such as payroll, benefits, time and attendance and countless other systems – they might get frustrated with your company and seek other job opportunities.

Payroll 78
article thumbnail

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

Genesis HR Solutions

In this article, we’ll look at: The benefits most businesses offer. 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. 401(k) and retirement plans.