WEX Inc.

OCTOBER 5, 2023

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.

Voluntary Benefits 98

Voluntary Benefits Life Insurance Health Insurance 98

WEX Inc.

OCTOBER 20, 2023

Telemedicine Telemedicine uses technology and mobile devices to connect patients with real-time consultations from the comfort of their own homes, and is quickly becoming a top choice for people who have non-emergency health issues. For remote employees, offer resources such as findurgentcare.com or other clinic locators.

Healthcare 98

Healthcare Insurance Consulting Benefits Package 98

Benefit Resource Inc.

MAY 2, 2023

Significant areas of focus are healthcare costs and pre-tax benefits. Offering pre-tax benefits First, if employee benefits aren’t already offered, employers can help alleviate the financial burden of healthcare costs for their employees by providing pre-tax benefits.

Employment 52

Employment Flexible Spending Account Benefits Package Healthcare 52

Business Management Daily

APRIL 25, 2024

Let’s talk about the different types of fringe benefits and how employers can make the most of them. Taxable vs. Non-taxable Benefits are always tax-deductible, aren’t they? Employees can be taxed on some high-value benefits when they are considered part of the employee’s compensation package.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

WEX Inc.

MAY 24, 2023

Increase communication One main reason why employees don’t understand their benefits is a lack of communication from their employers. If benefits information is only provided during open enrollment, employees may forget about their benefits package or not fully understand their options.

Flexible Spending Account 97

Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

HR Lineup

FEBRUARY 5, 2024

Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. It should also ensure that employees receive accurate information concerning their wages/salaries or any other deductions.

Payroll Software 52

Payroll Software Payroll Software Online Payroll 52

WEX Inc.

SEPTEMBER 7, 2023

Illustrate how pre-tax contributions lead to significant savings over time, effectively reducing the impact on take-home pay. Provide clear comparisons that highlight the unique advantages of each account, such as immediate tax savings with an FSA, or long-term investment potential with an HSA. Drive wellness that works Get your guide.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Employee Benefits

FEBRUARY 26, 2024

Data-driven decisions are the way forward, especially when your employees are the data source. Discover what matters most… job satisfaction, a clear career path, a positive employee experience, flexible work, employee benefits and more. There’s no one-size-fits-all when it comes to employee benefits.

Employee Retention 111

Employee Retention Bonuses Recruitment Taxes 111

WEX Inc.

JUNE 5, 2023

Offering a QSEHRA lets you deliver healthcare savings for your employees, which could pay off as a retention and recruitment tool as you grow your business. A QSEHRA is a tax-advantaged benefits plan funded by the employer that employees can tap into to pay for eligible expenses. It is not legal or tax advice.

Health Insurance 94

Health Insurance Healthcare Taxes Insurance 94

WEX Inc.

OCTOBER 18, 2023

Open enrollment performance tracking is important to make sure you have a successful period, ensuring you're offering your employees the best possible benefits packages, and creating a better system for years to come. It is not legal or tax advice. The information in this blog post is for educational purposes only.

Benefits Package 52

Benefits Package Taxes Education Consulting 52

Employee Benefits

MARCH 15, 2023

Hunt added that occupational health supports provided by employers were of the utmost importance, and the government would therefore bring forward two new consultations on how to improve its availability, as well as doubling the funding for the small companies subsidy pilot.

Government 98

Government Benefits Package Insurance Consulting 98

WEX Inc.

JANUARY 11, 2023

HR teams have been focused on crucial tactics to retain their best employees in light of significant disruption. They’re improving employee wellness , boosting their employee benefits packages, and offering flexible work arrangements. It is not legal or tax advice.

Insurance Carriers 52

Insurance Carriers Human Resources Taxes Benefits Package 52

WEX Inc.

MAY 10, 2023

But employees remain top of mind for employers, with 55% of businesses saying they will not reduce salaries if there is a recession, and 47% saying they will not reduce benefits. That’s because benefits are critical for attracting and retaining talent. The impact cutting a benefits budget would have Why do you come into work?

Taxes 52

Taxes Education Benefits Package Salary 52

Business Management Daily

OCTOBER 31, 2023

This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. Benefits administration: HR outsourcing providers can handle day-to-day benefits administrative tasks or provide access to a software system for better employee self-service regarding benefits.

Human Resources 52

Human Resources Payroll Payroll Service Taxes 52

Higginbotham

AUGUST 10, 2023

By the 1990s, leading employers were including in their employee benefits packages programs for alcohol addiction, smoking cessation and other programs focusing on improved employee wellness through lifestyle changes. Premiums paid by employers for employee health insurance may be fully tax-deductible.

Health Insurance 52

Health Insurance Employee Wellness Insurance Benefits Package 52

HR Lineup

SEPTEMBER 1, 2021

Any business requires the best payroll software 2021 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. It should also ensure that employees receive accurate information concerning their wages/salaries or any other deductions. Quickbooks Payroll.

Payroll Software 71

Payroll Software Payroll Software Human Resources 71

Business Management Daily

OCTOBER 23, 2023

Small business HR outsourcing can allow small businesses to access HR services like wider benefits offerings, employee handbook preparation, and guidance from HR experts that aren’t accessible for many new businesses without an established HR department. What is HR Outsourcing? A PEO acts as a co-employer rather than an external party.

Human Resources 52

Human Resources Payroll Consulting Software 52

HR Lineup

SEPTEMBER 23, 2021

Automatic Data Processing Inc is the provider to consult. ADP offers benefits advisory services to help management make the best decisions about what benefits package to offer employees. With QuickBooks, small businesses can prepare for their tax returns, by fully eliminating the need for manual processes.

Software 74

Software Management Human Resources Compensation System 74

AssuredPartners

DECEMBER 8, 2021

There was a time when a modest 401(k) match and employer-sponsored healthcare was considered an attractive benefits package. As we now know, the pandemic indelibly changed employees’ perception of the workplace and their expectations of their employers. Flexible work location and hours. Family planning.

401(k) 75

401(k) Benefits Package Taxes Healthcare 75

Higginbotham

AUGUST 19, 2022

Let’s face it – having employees can be a hassle. On top of payroll and HR issues, employers also have to deal with taxes and an ever-growing maze of state and federal regulations. For small and mid-size businesses, generally with an average of 20 employees, these issues can become a burden. What HR services do PEOs provide?

Family and Medical Leave Act 52

Family and Medical Leave Act Professional Employer Organization IT Payroll 52

Empuls

SEPTEMBER 25, 2023

This is designed to encourage more informed decision-making among employees about their long-term financial security. Given these changes, HR departments need to reassess their benefits packages to make sure they are not only competitive but also in full legal compliance.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40

Empuls

SEPTEMBER 28, 2023

The employee discount scheme in the UK is generating quite the buzz in the market and for all the right reasons. 78 percent of employees agree that the benefits package, including discount schemes, helps them accept or reject a job. However, if the discount exceeds certain thresholds, there might be tax implications.

Employment 40

Employment Retail Health and Welfare Food 40

HR Professionals Magazine

JULY 26, 2022

Sure, 401(k)s are an incredibly important part of a company’s total benefits package. And with the current employment climate, I’m sure your company is considering your benefits package now more than ever before. Consult with your current benefits providers to see what services they have around financial wellness.

401(k) 52

401(k) Benefits Package Retirement Plan Government 52

Insperity

JUNE 26, 2018

Once a rare employee benefit found only at large, high-end accounting, law and tech firms, student loan repayment benefits are growing rapidly as a way to lure young talent with hot degrees. Here are some questions to consider before adding student loan repayment reimbursement to your complete benefits package.

401(k) 61

401(k) Benefits Package Taxes Banking 61

Employee Benefits

FEBRUARY 6, 2022

There’s been a mindset change with reward and benefits according to Eva Jesmiatka, director, rewards at Willis Towers Watson. Where it used to be acceptable to say this is the benefits package and simply match the market, employers are now much more likely to ask employees what they want,” she says. Great expectations.

Employment 64

Employment Pension Government Life Insurance 64

Vantage Circle

SEPTEMBER 16, 2021

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). ESOP plan can be an effective form of an employee incentive.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

Employee Benefits

DECEMBER 14, 2022

Of those that are considering change, 79% will be enhancing benefits. Diverse workforces and hybrid working are impacting how reward and benefits are now viewed by employees and candidates, says Sarah Jefferys, head of reward consulting at Gallagher. appeared first on Employee Benefits.

Pension 64

Pension Parental Leave Healthcare Government 64

Higginbotham

APRIL 5, 2022

For many companies, labor is the largest cost of doing business, with hiring, wages, employee benefits, taxes and other HR functions accounting for up to half of operating expense for some employers. HR Consultants. HR consulting experts refer to the Five Fs: Fit, Family, Freedom, Fortune and Fun.

Human Resources 52

Human Resources Payroll Taxes Software 52

Genesis HR Solutions

JUNE 6, 2022

Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEO companies provide to growing businesses across the country.”. A PEO is an extension of your business and engages with your management team to address complex employee-related matters. PEO vs. ASO. Personnel Today ).

Human Resources 52

Human Resources Professional Employer Organization Payroll Workers’ Compensation 52

cipHR

JULY 30, 2020

Financial literacy and education should be on the mind of every employer, and form a foundational part of organisations’ reward and benefits packages. A salary sacrifice scheme should be capped and set in a way that does not reduce the employee’s final cash earnings below the national minimum wage (NMW). Pensions .

Pension 59

Pension Salary Health Insurance Education 59

Insperity

MARCH 12, 2024

Launching a successful benefits program in your workplace calls for a savvy employee benefits strategy. Here, we’ll cover everything you need to know about employee benefits. Common employee benefits Here’s a list of the employee benefits that should be on your radar.

Family and Medical Leave Act 57

Family and Medical Leave Act Employee Benefits PTO 401(k) 57

Genesis HR Solutions

MARCH 18, 2019

Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEO companies provide to growing businesses across the country.”. A PEO is an extension of your business and engages with your management team to address complex employee-related matters. PEO vs. ASO. Personnel Today ).

Human Resources 40

Human Resources Professional Employer Organization Payroll Workers’ Compensation 40

Genesis HR Solutions

MARCH 18, 2019

Payroll, benefits, HR, tax administration, and regulatory compliance assistance are some of the many services PEO companies provide to growing businesses across the country.”. A PEO is an extension of your business and engages with your management team to address complex employee-related matters. PEO vs. ASO. Personnel Today ).

Human Resources 40

Human Resources Professional Employer Organization Payroll Workers’ Compensation 40

Empuls

JULY 11, 2023

Alongside competitive salaries and career growth opportunities, companies are now offering a wide array of tax free or non taxable employee benefits to attract and retain top talent. These perks not only provide employees with financial advantages but also contribute to a more fulfilling and enjoyable work experience.

Employee Benefits 40

Employee Benefits Flexible Spending Account roth 401(k) 401(k) 40

Insperity

JANUARY 5, 2023

Many EAPs offer free legal consultations with a pre-approved roster of attorneys, with continued legal services offered at a discount. Additionally, it’s common for EAPs to offer legal form and contract templates that employees can easily and independently access online, free of charge, to complete with their specific details.

Taxes 124

Taxes Healthcare Entertainment Consulting 124

WEX Inc.

APRIL 23, 2024

According to a recent survey , 74% of HR leaders are actively planning to consolidate employee benefits in the coming year. This process, which involves the integration of various employee benefits programs and services into a unified system, can significantly simplify benefits management.

Benefit Providers 72

Benefit Providers Comprehensive Benefits Utilities Taxes 72

WEX Inc.

OCTOBER 12, 2023

As an employer, providing a robust employee benefits package is only half the battle. Educating on the value of their benefits and how best to use them is equally important. One of the questions we asked: What benefit would you like to learn more about? It is not legal or tax advice. Download now!

Education 52

Education Health Savings Account Consulting Taxes 52