Employee Benefits

FEBRUARY 15, 2024

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. It will also offer reward and recognition benefits such as gift cards, vouchers and gift experiences, long-service awards, recognition messages or cards, and lump sums.

Government 59

Government Employee Benefits Life Insurance Pension 59

HR Digest

MAY 21, 2023

Employee benefits have become an essential part of any competitive compensation package. From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. The mandatory benefits form the foundation of all employee benefit packages.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

Employee Benefits

MAY 10, 2023

The group, which employs more than 650 members of staff, offers life assurance at four times employees’ basic salary from day one of employment, critical illness insurance, a health cash plan and private medical insurance, through which employees can access a 24/7 GP.

Benefit Providers 116

Benefit Providers Insurance Recruitment Media 116

Employee Benefits

OCTOBER 25, 2023

Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and support about benefits available. A good benefits package is the most important thing that 42% of employees look for in employment, according to June 2023 research by benefits provider Zest.

Voluntary Benefits 111

Voluntary Benefits Benefits Package Benefit Providers Electronics 111

Workers' Compensation

DECEMBER 14, 2023

Even if the employer fails to obtain workers’ compensation insurance, the employee remains limited to those remedies provided under the WCA. Failure to Have Insurance is Not an Exception, www.gelmans.com (12/14/2023). © 2023 Jon L Gelman. All rights reserved. Attorney Advertising Prior results do not guarantee a similar outcome.

Workers’ Compensation 52

Workers’ Compensation Benefit Providers Insurance Medical 52

Employee Benefits

MARCH 10, 2023

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. This can include free health insurance or a company car. What are flexible benefits?

Employee Benefits 104

Employee Benefits Health and Welfare Health Insurance Work From Home 104

AssuredPartners

OCTOBER 13, 2022

125 Plan (other than a Flexible Spending Arrangement (FSA)) are permitted to revoke or modify an existing election for family coverage during a plan year in order for one or more family members to enroll in a Qualified Health Plan (QHP) through a Health Insurance Exchange on the individual market.

Health Insurance 98

Health Insurance Benefit Providers Flexible Spending Insurance 98

WEX Inc.

AUGUST 29, 2023

What are fertility benefits? Fertility benefits provide support and financial assistance to individuals or couples seeking fertility treatments or services. These benefits are designed to help people who are facing difficulties conceiving naturally and require medical assistance to achieve pregnancy.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Employee Benefits

FEBRUARY 21, 2022

Between 1 January and 31 December 2021, 1,578 lump sum death benefit claims were settled, while the figures also include the capitalised value of 24 dependants’ pension claims where Covid-19 was recorded as the primary or secondary cause of death on the death certificate, or reported on the insurance claim form.

Pension 111

Pension Benefit Providers Insurance Employee Benefits 111

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. It also offers a bikes-for-work and electric vehicle salary sacrifice scheme which offer tax and national insurance savings. “We

Pension 59

Pension Benefit Providers Salary Benefits Package 59

Employee Benefits

OCTOBER 18, 2023

Reward teams can also look at benefits providers’ data to find out what benefits people are accessing. If not many employees are using the private medical insurance on offer, for example, could reward teams think about how to promote it differently? Or is it time to switch to a health cash plan instead?

Employment 59

Employment Benefit Providers Salary Voluntary Benefits 59

Employee Benefits

JANUARY 6, 2022

Michael Guzzetti, HR manager at Impact.com, added that the organisation had decided to put staff first when introducing a number of initiatives including uncapped time off and flexible working in addition to increasing the benefits and health insurance cover available. “In

Parental Leave 105

Parental Leave Health Insurance Benefit Providers Government 105

Total Employee Benefits

OCTOBER 15, 2021

A solid benefits broker can help you navigate this transition smoothly by providing expert advice on managing soft costs and making thoughtful decisions when selecting a new benefits provider. The shadow price of a benefit is the opportunity cost associated with that service. What is the “Shadow Price?

Out of Pocket Cost 93

Out of Pocket Cost Medical Deductions Deductible 93

Qandle

AUGUST 3, 2023

Step 4: Deductions and Benefits After calculating the gross salary, the next step is to apply deductions and add any benefits provided by the employer. Statutory contributions such as Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) are deducted from the gross salary.

Payroll 98

Payroll Payroll Software Deductions Deductible 98

Attorney Charlie Hall

DECEMBER 31, 2021

Disabled veterans can apply and get Social Security Disability Insurance at the same time as Veteran Administration (VA) Disability Compensation. Getting approved for disability benefits provides increased income stability for veterans and their families. Veterans Should Provide Accurate Personal and Contact Information.

Disability Insurance 130

Disability Insurance Medical Insurance Taxes 130

Business Management Daily

SEPTEMBER 22, 2021

Employees get to select a new plan for their health insurance and opt into other employee benefits for the next year. Healthcare FSAs do not require enrollment in an HDHP, so these are the more frequently offered benefit if you offer more expansive health insurance options. It’s almost that time of year again!

Employment 90

Employment Deductions Deductible Benefit Providers 90

Business Management Daily

JUNE 29, 2022

Reproductive services meet this definition, including telehealth services and pharmacy benefits. Self-insured health plans are subject to ERISA, which generally overrides state law. Fully insured plans aren’t subject to ERISA and are subject to state insurance laws. Again, self-insured plans have the most discretion.

Family and Medical Leave Act 92

Family and Medical Leave Act Healthcare Employment Medical 92

HR Lineup

MARCH 10, 2023

Hoops HR also offers benefits administration features, allowing users to manage employee benefits such as health insurance, 401(k) plans, and more. The system allows users to create custom benefit plans and track enrollment and eligibility.

401(k) 52

401(k) Insurance Carriers Payroll System Human Resources 52

Best Money Moves

MARCH 11, 2024

The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcare benefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.

Retirement Plan 91

Retirement Plan Healthcare Healthcare Benefits Parental Leave 91

Empuls

MAY 7, 2023

Offering comprehensive employee benefits can improve employee morale and job satisfaction, leading to higher productivity and lower turnover rates. Certain benefits like health insurance can promote employee wellness and reduce absenteeism, which can be beneficial for both the employee and the company.

Employee Benefits 40

Employee Benefits Parental Leave Health Insurance Benefit Providers 40

HR Lineup

OCTOBER 18, 2023

One of Plane’s standout features is its ability to integrate seamlessly with various HR tools and benefits providers. This integration simplifies benefits administration, allowing startups to offer comprehensive benefits packages to attract and retain top talent.

Payroll 52

Payroll Retirement Plan Benefits Package Health Insurance 52

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. The federal health insurance marketplace, created by the Affordable Care Act to provide affordable health insurance to uninsured Americans, can be accessed at healthcare.gov.

Health Insurance 104

Health Insurance Insurance Healthcare 401(k) 104

Employee Benefits

MARCH 11, 2024

Operated via a salary sacrifice arrangement, employees can save money as a result of reduced tax and national insurance contributions (NICs). The nursery receives additional funds through offset NICs from the employer, and parents get a say on how these are spent.

Employment 112

Employment Parental Leave Education Recruitment 112

HR Digest

MAY 4, 2024

Adapting Benefits and Compensation for Gig Workers Adapting benefits and compensation strategies for gig workers involves creating flexible and inclusive policies that address their unique needs. Since gig workers are generally considered self-employed, they often miss out on traditional benefits provided to full-time employees.

Management 52

Management Retirement Plan Health Insurance Technology 52

Hppy

MARCH 14, 2023

This is particularly relevant when considering travel nurses and other medical professionals, where one-off or short-term assignments can often be found via dedicated agencies or travel nursing job boards which provide additional healthcare coverage options, or financial incentives to attract quality talent.

Benefits Package 68

Benefits Package PTO Healthcare Insurance 68

Employee Benefits

MARCH 31, 2023

Being able to break down how your employee benefits are being used by individual schemes is useful because you’ll be able to focus on the right things. When you have this information, you can talk to your employee benefits provider about ways to drive engagement and best optimise your employee benefits offering.

Benefits Package 52

Benefits Package Employee Benefits Benefit Providers Salary 52

HR Lineup

JUNE 9, 2023

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.

Retirement Plan 52

Retirement Plan Flexible Spending Account Flexible Spending Life Insurance 52

Employee Benefits

AUGUST 9, 2023

As a starting point, employers can survey staff to ascertain their situations, and get creative with benefits that can help employees both today and in the long-term, says Steve Watson, director of policy and research at Cushon.

Pension 98

Pension Retirement Plan Education Benefit Providers 98

Global People Strategist

JANUARY 7, 2023

So, stay tuned as we dig into the mysteries of eligibility for Workers’ Compensation coverage in China! · Who Is Covered Under the System Chinese employees, from enterprises to law firms , are protected by the Regulation on Work-related Injury Insurance.

Compensation System 52

Compensation System Workers’ Compensation Financial Compensation Medical 52

Flimp Communications

SEPTEMBER 30, 2020

We expect BENEFITchoice will garner a similar response and are pleased to roll this out to help HR and benefit teams during an unprecedented open enrollment season.”. Effective: It automates the education process and saves time for HR and benefits providers.

Employee Benefits 76

Employee Benefits Insurance Carriers Benefit Providers Medical 76

Employee Benefits

JANUARY 31, 2024

Whatever their approach, it is crucial that employers use a benefits provider that offers value for money when working within a limited budget. Employers can then evaluate what offers the most value for their benefits spend. Communication and feedback are essential to understand what support employees want and need.

Pension 64

Pension Finance Education Taxes 64

HR Digest

OCTOBER 22, 2023

The IRS has very clear guidelines available on its website on how to determine the value of a benefit. Certain fringe benefits are required by the law and are applicable to all employees who are employed by the company.

401(k) 52

401(k) Employee Stock Option Deductions Deductible 52

HR Digest

JUNE 23, 2022

Companies must use reliable data and information to proactively build comprehensive compensation structures and systems that provide a holistic return on investment, keeping in line with employee expectations.

Employee Compensation 98

Employee Compensation Human Resources Paid Leave Benefit Providers 98

Fringe Benefit Analysts

MAY 8, 2022

These independent contractors advise employers and other sponsors of insurance plans, so they can research and choose the best plans for both the company and its employees. This usually includes presenting all suitable vendors and the benefits they offer, as well as the varying costs, to the employer.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Hppy

JANUARY 17, 2023

Additionally, bonuses and incentive-based pay can provide an additional financial incentive for employees to work hard and achieve specific goals. Benefits such as health insurance, retirement plans, and paid time off also play a key role in employee retention.

Benefits Package 36

Benefits Package Retirement Plan Health Insurance Employee Retention 36

Benefit Resource Inc.

FEBRUARY 14, 2022

A specialty account is essentially a series of benefits provided to employees intended not only for their health, but also for their wellness. Investing in additional benefits can help employees life with less stress and an overall higher quality of life!

401(k) 81

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

Vantage Circle

JANUARY 30, 2022

This blog will cover everything you need to know while considering taxable benefits so that you don't get caught off guard when tax time rolls around. What Is A Taxable Benefit? As we know, there are many benefits provided to employees in the form of pay. But some benefits need to be taxed and added to their income.

Employee Stock Option 52

Employee Stock Option Taxes Paid Vacation Life Insurance 52