Business Management Daily
SEPTEMBER 15, 2021
Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. There’s no one-size-fits-all answer.
InterWest Insurance Services
DECEMBER 28, 2021
The worker can use this cash benefit for any purpose, including: Deductibles. Transportation. But if you have an 80-20 plan, your worker is still responsible for her deductible (averaging over $1,600), plus 20% of that cost, or over $6,000. Employees pay part or all of the premiums via payroll deduction.
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Higginbotham
AUGUST 15, 2023
As employers look for new additions to their standard benefits package in order to attract top workers, they usually focus on common pain points. Commuting to and from work each day eats up both time and money, making a commuter benefits program an attractive perk. What are commuter benefits? in June 2022.
Benefit Resource Inc.
MAY 2, 2023
Pre-tax benefits, such as Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) , allow employees to set aside a portion of their pre-tax income to pay for healthcare-related expenses. This can include increasing the number of pre-tax deductions available to employees.
Business Management Daily
APRIL 29, 2024
High-Deductible Health Plans (HDHPs) with Health Savings Accounts (HSAs) : HDHPs have lower premiums but higher deductibles compared to traditional health plans. Deductibles can be paid with tax-advantaged/tax-free spending accounts funded by employees and employers. Let IRS Publication 15-B be your tax guide to fringe benefits.
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.
Enjoy Benefits
MARCH 10, 2023
Whether it’s getting to the office or travelling as part of the working day, most of us still need transport. This month we consider three ways in which Enjoy Benefits can help to improve your journey. You can save up to 42% on the price of a new bike with the Enjoy Benefits Cycle to Work Scheme.
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