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

Exclusive: Welsh government rolls out new employee benefits framework

Employee Benefits

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. Meanwhile, its health and wellbeing scheme includes health cash plans, life insurance, personal accident insurance, cancer cover, sick pay insurance, and medical and dentistry cover.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Global Benefits Services

HR Lineup

This includes their Mercer Mobility Exchange, which provides a centralized platform for managing all aspects of international assignments, and their Mercer Marketplace, which offers employees a range of benefits options to choose from. Control Costs Global benefits services can also help employers control costs.

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

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.

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

Open enrollment checklist for employers

Business Management Daily

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. Wellness benefits: Many employers are now offering wellness programs to help boost the physical and mental well-being of their employees. Make any necessary additions.