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Perks of consolidating benefits solutions

WEX Inc.

Consolidation streamlines the user experience by centralizing all benefits into one accessible ecosystem, making it easier for employees to navigate, understand, and utilize their benefits. Data and analytics in one place Data is a powerful tool that can help optimize your benefits program and deliver results.

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3 Considerations When Electing Commuter Benefits

Benefit Resource Inc.

Part Two: What employees should consider when electing commuter benefits. Commuter benefits provide employees with a number of advantages. When electing commuter benefits, it is important to consider your tax savings, eligible expenses and flexibility. #1 Calculate your savings. Specific savings may vary.

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Identifying the “Perks” on National Employee Benefits Day

Benefit Resource Inc.

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.*

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Open enrollment checklist for employers

Business Management Daily

The survey results will help you prioritize the benefit changes or expansions that would be most impactful for your current employees so that you can utilize your benefits budget effectively. Evaluate current benefits offerings and needs. Submit all enrollment forms to benefits providers. Stay organized.

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Essential HR Strategies for Managing Gig Workers Effectively

HR Digest

Misclassification can lead to significant liabilities, including tax penalties and violations of wage laws. Additionally, managing gig workers by integrating them into the company culture and maintaining engagement through flexible HR processes can significantly benefit both the organization and the gig workers.

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Are HSAs Recession-proof?

Benefit Resource Inc.

HSA’s are the only account to provide a triple-tax benefit. Funds deposited into an HSA tax-free, grow tax-deferred, and remain tax-free. The pre-tax savings in you HSA account can be used to pay for a wide variety of medical expenses. Tenure and Age Play a Role in HSA Utilization.

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Nourishing Productivity: How to Introduce Meal Allowance for Employees

Empuls

It is a benefit provided to employees to ensure they have access to meals at the workplace. Employers often reference the per diem rates established by tax authorities or industry standards to ensure fairness and compliance. What is meal allowance for employees?

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