Business Management Daily

DECEMBER 1, 2019

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. This avoids the problem, but many payroll systems aren’t set up to deal with these fractions. Figure pay based on 52.143 weekly pay periods or 26.07

Payroll 83

Payroll 401(k) Deductions Deductible 83

HR Digest

MAY 21, 2023

To drive company’s success, benchmark and budget a benefit plan that attracts the skilled employees, is needed to keep the employees performing at their best. The mandatory benefits form the foundation of all employee benefit packages. Payroll taxes 2. Health insurance 2. Dental or vision insurance 4.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

Benefit Resource Inc.

APRIL 6, 2023

In honor of National Employee Benefits Day, here are some of the often overlooked benefit options employers can use to “sweeten the pot” to attract new talent and retain existing talent. These eight benefits provide an opportunity for over $30,000 of increased value to employees each year.*

Employee Benefits 52

Employee Benefits Health Savings Account Taxes Entertainment 52

Patriot Software

FEBRUARY 13, 2019

Do you offer benefits like health insurance, life insurance, and retirement plans? If so, notify benefit providers after the death of an employee. And, talk with the employee’s beneficiary about how they can receive the benefits. If you use payroll software, remove the deceased from the system.

Payroll Software 40

Payroll Software Health Insurance Payroll Taxes 40

cipHR

JUNE 29, 2023

One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

Food 52

Food Payroll Bonuses Insurance 52

Hireology

JULY 18, 2019

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.

Benefit Providers 68

Benefit Providers Payroll Insurance Flexible Spending 68

Hireology

MARCH 22, 2019

Rather than taking benefits reconciliation into your own hands, your team should enlist the help of an integrated hiring and payroll partner that can automate benefits reconciliation for you. Doing so will benefit your team in the following ways. Avoid Costly Errors.

Parental Leave 60

Parental Leave Payroll Life Insurance Deductions 60