Employee Benefits

MAY 29, 2023

Employee benefits are an important aspect of any job, but can be overlooked when thinking about changing roles. Depending on those on offer, benefits can be just as valuable as a pay rise , and in some cases, even more valuable. So what constitutes a good employee benefits package? After all, we all need to make a living.

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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. It is not legal or tax advice.

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Higginbotham

NOVEMBER 2, 2023

Financial wellness benefits can help employees tackle their money challenges. However, there are many types of personal financial wellness benefits, each catering to unique needs. When creating your organization’s financial wellness benefits package, consider the specific financial challenges impacting your employees.

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Higginbotham

MAY 21, 2024

By investing in employee mental health benefits, companies can help their employees both personally and professionally while contributing to overall business goals. Offering Additional Mental Health Services When it comes to offering additional employee benefits to support mental health, employers have many options to consider.

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Business Management Daily

JUNE 20, 2022

Thus, according to EEOC.gov: “If a woman is temporarily unable to perform her job due to a medical condition related to pregnancy or childbirth, the employer or other covered entity must treat her in the same way as it treats any other temporarily disabled employee. Similar programs exist in a few other states.

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CorpStrat

MARCH 2, 2022

In order to keep their teams intact they need to actively seek out how to make their benefits package more enticing for current and prospective employees. Here’s a quick hit of the things employers should be doing right now to ensure they’re delivering the best benefits without going over on cost.

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HR Digest

FEBRUARY 10, 2023

When you’re starting a new job , it can be overwhelming to learn about all the benefits that are available to you. But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters.

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Genesis HR Solutions

SEPTEMBER 22, 2020

For many small businesses, the struggle to compete with larger companies for talent is an uphill battle—particularly when it comes to benefit offerings. While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. Medical Insurance.

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HR Lineup

MAY 10, 2023

The company was founded in 2008, and since then, it has grown to become one of the leading providers of employee benefits services in the US. The platform offers a wide range of benefits administration solutions, including health and wellness programs, retirement planning, and employee insurance plans.

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HR Lineup

FEBRUARY 13, 2023

In addition, USI provides life insurance, short- and long-term disability insurance, and accidental death and dismemberment insurance to help protect employees and their families. Finally, USI’s innovative technology and online platforms make it easy for employers to manage their employee benefits program.

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Flimp Communications

DECEMBER 19, 2019

When you stop and think about it, it’s not a big surprise that non-medical employee benefits keep employees happy. But slowly, more companies are realizing they can save money by offering perks like pet insurance and gym memberships. Some organizations provide tools to help employees understand complicated benefits packages.

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HR Digest

MAY 22, 2021

Here is a guide on what to look for in an ideal total compensation package. Your compensation package plays a monumental role in where you end up working in the future. Retirement benefits – include 401(k)/403(b), pension plans, etc. Disability insurance. Life insurance. But that’s where you’re mistaken!

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Higginbotham

JANUARY 27, 2023

Larger companies are more likely to offer health insurance than smaller companies, with 91 percent of firms with 50 to 199 workers offering coverage, compared to only 39 percent of firms with three to nine workers. However, even among small companies, the figures show that health insurance is a common offering. Learn more.

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Higginbotham

DECEMBER 30, 2021

Companies depend on their compensation and benefits package to attract talent. On the other hand, if you offer benefits that no one really wants or cares about, you’re wasting money. You need to get it just right, and a compensation and benefits review can help. Employee Benefit Needs Have Changed. BLS says that 4.4

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Vantage Circle

SEPTEMBER 23, 2023

If you sincerely believe that, you take it seriously and invest more in employee benefits. Why Are Employee Benefits Important? In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. Pension Plans A pension plan is a benefit for employees.

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Genesis HR Solutions

JULY 3, 2019

Though your benefits package may be quite substantial, your employees may not know or understand the real value of the benefits you offer. And they may continue to remain unaware of the “hidden” benefits they are receiving even as healthcare costs rise, and you, the employer, absorb the increases. Social security tax.

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Empuls

MAY 7, 2023

Employee benefits statistics to support why they are so important in 2023 Employee benefits are important for several reasons: They can help companies attract and retain top talent. In a competitive job market, prospective employees often consider the benefits package as a major factor in their decision to accept a job offer or not.

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Hppy

MAY 10, 2021

Employers often underestimate the impact that offering a comprehensive benefits package can have on attracting and retaining employees. According to a Glassdoor employment confidence survey, 4 in 5 employees would prefer benefits and perks to an increase in pay. Disability Insurance. Student Loan Assistance.

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Insperity

OCTOBER 31, 2017

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. But as incredible as it may seem, many employees don’t take full advantage of all the benefit options their employer offers.

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Higginbotham

JUNE 5, 2023

One question in particular comes up a lot: Do small businesses have to provide health insurance? Back to the main question at hand: Do these small businesses have to provide health insurance to their employees? Whereas many employers do have some health insurance requirements, the smallest businesses may be exempt.

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Empuls

MAY 8, 2023

Personalized employee benefits are a form of indirect compensation and perks that are outside of the agreed wage or salary live party and travel tickets, access to some interesting gadgets, design tools, performance awards, tuition funding, student loan assistance, etc. How do personalized employee benefits affect your business?

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Insperity

APRIL 14, 2022

3. Regularly evaluate your benefits offerings. Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance.

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Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. Offer disability insurance for added peace of mind. By offering short-term disability insurance, you allow new moms to go on maternity leave and still get paid a percentage of their income.

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Empuls

APRIL 28, 2023

Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences.

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Vantage Circle

JANUARY 30, 2022

If you are a leader or HR professional, you know how important benefits are to the modern workforce. It's no secret that employee benefits are an excellent employee retention strategy. In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years.

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Vantage Circle

NOVEMBER 30, 2022

But rather than a warning, consider it a disclaimer on how to offer extrinsic rewards in a way that will reap the maximum benefits. People do want the extras like great culture, benefits, and so on. Deadlines would be met sooner, people would be more motivated, and productivity would skyrocket. Definition Of Extrinsic Rewards.

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Vantage Circle

AUGUST 23, 2018

These include insurance for losses from accidents, disability, sudden death, dismemberment. Disability Insurance. The employer pays for the worker’s salary if the worker becomes disabled or is unable to work. As the name suggests, these are benefits where an employee is paid even when he takes time off from work.

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Vantage Circle

JUNE 24, 2019

An employee benefits program is important and costly at the same time. The benefits you offer will make or break your employee's decision to work for you. As an employer have you ever wondered if your employee benefits program is designed the way you wanted it to be. STEPS TO BUILD YOUR EMPLOYEE BENEFITS PROGRAM: 1.

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Hppy

APRIL 14, 2017

Understanding insurance can be difficult for many people, but knowing what types of coverage are crucial can be incredibly important for many employees. However, educating employees on insurance isn’t easy. Unfortunately, three out of five employees don’t fully understand their benefits.

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Vantage Circle

AUGUST 23, 2018

These include insurance for losses from accidents, disability, sudden death, dismemberment. Disability Insurance. The employer pays for the worker’s salary if the worker becomes disabled or is unable to work. As the name suggests, these are benefits where an employee is paid even when he takes time off from work.

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Insperity

FEBRUARY 20, 2020

Employees feel involved in having autonomy to have a flexible work schedule resulting in employers benefiting from employees who feel valued. On the other hand, perks are company-wide extras that elevate your benefits and compensation package and set it apart. And note that this workplace perk doesn’t cost the employer a dime.

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Hppy

FEBRUARY 10, 2023

Value-added benefits like health, dental, and vision insurance, PTO, and life insurance are crucial, though you should consider other ways to make your benefits package attractive for top candidates in the recruitment process. If companies can’t retain those employees, hiring becomes a drain on resources.

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Vantage Circle

MAY 22, 2019

These young, bright and technology-driven workers started paying more interest to things like diversity , employee benefits package , and workplace culture. 3 in 5 people (57%) report benefits and perks being among their top considerations before accepting a job. The change has managed to weave its way around the 21st century.

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Hireology

JANUARY 27, 2021

Benefits Package Updates. You may have a standout benefits package among your industry competitors, but to secure top tech talent, you may need to up your game. Here’s a list of some common benefits offered by tech companies: Parental Leave. Disability Insurance. Review Your Tech Stack. Medical Leave.

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Higginbotham

OCTOBER 14, 2022

If you want to secure the best talent, you need to offer the best employee benefits. Employee benefits for small businesses can support many goals, including retention, recruitment, engagement, workplace culture and even the company’s bottom line. The Benefits of Employee Benefits. Health Insurance for Small Business.

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Higginbotham

APRIL 25, 2022

Job Market Report, two in three job seekers agree that workplace benefits are more important to them now than they were before the pandemic, and 80 percent think that employers need to reevaluate their benefits package. Additionally, 54 percent would consider taking a job that paid less if the benefits were better.

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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. Optional dental and vision care are usually offered alongside health insurance for an added fee.)

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