WEX Inc.

AUGUST 23, 2023

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

Higginbotham

MAY 4, 2023

According to Investopedia, employers often provide life insurance as an employee benefit, but these life insurance policies may not always provide sufficient coverage. The Convenience of Payroll Deductions When supplemental life insurance is available through work, employees often pay for coverage using payroll deductions.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

CorpStrat

AUGUST 11, 2022

If an employee falls ill or gets hurt, they’ll likely have little to no income coming in. On top of that, state Disability is so restrictive and can involve such an arduous process that your employees simply can’t count on it. Voluntary Benefits. appeared first on CorpStrat: HR | Payroll | Employee Benefits.

Voluntary Benefits 52

Voluntary Benefits Employee Benefits Benefits Package Medical 52

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. “A multi-generational workforce is a huge benefit for companies,” said Liz Ahmed, executive vice president of People and Communications at Unum.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Since the salary reductions are not received by the employee, they are not considered wages for income tax purposes.

Flexible Spending Account 95

Flexible Spending Account 401(k) Flexible Spending Deductions 95

Empuls

FEBRUARY 26, 2024

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future.   Offer alternative healthcare plans , such as high-deductible health plans (HDHPs) paired with health savings accounts (HSAs).

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Retirement Plan 40

InterWest Insurance Services

SEPTEMBER 27, 2023

Here’s our advice for the open enrollment: Listen to your workforce Before you make any decisions, you should listen to your employees and better understand their needs and preferences. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.

Out of Pocket Cost 91

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 91