Higginbotham

JANUARY 12, 2024

Out-of-pocket health care costs can become a burden for employees. Special accounts designed to cover health care costs can help both workers and employers manage their expenses. These setups can often provide substantial tax benefits as well. HRA vs HSA vs FSA: What’s the difference?

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Deductions Deductible 52

PeopleStrategy

SEPTEMBER 17, 2019

To overcome this challenge, you need to do everything you can to make your company stand out in ways that your competition simply can’t match; offering a comprehensive benefits package is one of the best ways to reach that goal. benefits are becoming an increasingly important factor for individuals evaluating job offers.

Benefits Package 49

Benefits Package Comprehensive Benefits 401(k) Flexible Spending Account 49

HR Lineup

MAY 11, 2023

The PeopleKeep platform offers customizable benefits solutions for businesses of all sizes. Employers can choose from a range of pre-tax benefits, including health insurance, dental insurance, vision insurance, and other types of benefits.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 52

InterWest Insurance Services

SEPTEMBER 27, 2023

It’s almost time for group health insurance open enrollment and your top priority should be to drive participation by helping your employees make informed decisions about their options. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.

Out of Pocket Cost 93

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 93

Best Money Moves

OCTOBER 13, 2023

Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. Adding wellness initiatives programs to your benefits package can provide your company an advantage in attracting talent over your competitors.

Employee Wellness 101

Employee Wellness Flexible Spending Account Flexible Spending Benefits Package 101

HR Lineup

JUNE 15, 2023

Designed to meet the needs of both employers and employees, Benefit Elect provides a user-friendly interface and a variety of tools to enhance the benefits enrollment and administration process. At its core, Benefit Elect aims to revolutionize the way organizations handle their employee benefits.

Flexible Spending Account 52

Flexible Spending Account Benefits Package Retirement Plan Flexible Spending 52

InterWest Insurance Services

JULY 20, 2022

It always takes more time than usual to onboard new employees — particularly ones who are new to the workforce altogether — to your employee benefits plans. If they are not educated on their options and how health plans work, those new to employment can make poor decisions that could have serious financial repercussions.

Education 98

Education 401(k) Deductions Deductible 98

HR Lineup

FEBRUARY 13, 2023

USI’s employee benefits offerings are designed to meet the needs of a diverse workforce and support employers in creating a supportive and healthy work environment. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

Employee Benefits 52

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 52

Insperity

AUGUST 25, 2020

What can you do to stand out during unpredictable times and show that you’re an employer of choice – and will continue to be one, come what may? What’s an employer of choice? When you’re an employer of choice, you’re an organization that people have a strong desire to work for. What being an employer of choice looks like.

Employment 94

Employment PTO Flexible Spending Account Health Savings Account 94

Business Management Daily

NOVEMBER 15, 2021

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Employers are constantly looking for ways to remain competitive in their benefits offerings, and an FSA is a great add-on to your benefits package. Types of FSA Plans. Healthcare FSA.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

Higginbotham

DECEMBER 21, 2023

Changing Employee Needs and Expectations The workforce has changed markedly in recent years, differing significantly from that of just a decade ago, particularly in their expectations for employer-provided benefits. Accordingly, the demand for benefits that address financial wellness has grown.

401(k) 52

401(k) Benefits Package Retirement Plan Flexible Spending Account 52

Higginbotham

NOVEMBER 28, 2022

Employers and employees alike are looking for ways to make health care more affordable. Some are turning to Health Savings Accounts (HSAs). Although HSAs won’t work for everyone, the benefits of an HSA account make this an appealing option for some individuals. What is a Health Savings Account (HSA)?

Health Savings Account 52

Health Savings Account Out of Pocket Cost Deductions Deductible 52

Benefit Resource Inc.

NOVEMBER 22, 2022

With a pre-tax benefit, you’re able to deduct the cost of your benefits from your taxes before you calculate what you owe. There are several different types of pre-tax benefits that you may be eligible for, including Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), and Commuter Benefits.

Employee Benefits 52

Employee Benefits Flexible Spending Account Flexible Spending Health Savings Account 52

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. 16+ types of employee benefits you should consider. Medical Insurance. Employers usually cover a portion of this premium. Dental Insurance.

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

Higginbotham

JULY 12, 2022

Healthcare.gov says that employees must be enrolled in individual health plans, such as a Marketplace plan, to use the funds. This may be a good option for employers that want to simplify their health plan administration while giving employees flexibility. HRAs are owned by the employer. Funds do not expire.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52

Higginbotham

MARCH 17, 2023

ACA Pay or Play Penalties Will Increase for 2024 On March 9, 2023, the IRS released updated penalty amounts for 2024 related to the employer shared responsibility (pay or play) rules under the Affordable Care Act (ACA). For calendar year 2024, the adjusted $3,000 penalty amount is $4,460. 31, 2023 On Feb. 31, 2023 On Feb. Effective Dec.

Health Insurance 52

Health Insurance Flexible Spending Account Insurance Benefits Package 52

Best Money Moves

JULY 8, 2020

HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. But what can employers do to help? 3 Health Insurance Benefits.

Employee Benefits 106

Employee Benefits Out of Pocket Cost Flexible Spending Account Health Insurance 106

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.

Out of Pocket Cost 82

Out of Pocket Cost Disability Insurance Health Insurance Flexible Spending Account 82

Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. Also, offer an employer match, if possible, on a percentage of their pay. They’ll have even more money at retirement thanks to your company, plus you’ll receive a tax benefit.

401(k) 72

401(k) Disability Insurance Flexible Spending Account Deductions 72

Business Management Daily

DECEMBER 6, 2021

Employee retention is a major challenge for employers at this time. Many employers are seeing record turnover rates as the economy rebounds from the coronavirus pandemic. Whatever the reasons for the labor shortage, one thing has become abundantly clear; employers need to work harder to retain their current staff.

Employee Retention 119

Employee Retention Salary Overtime Flexible Spending Account 119

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. In fact, you may be required by law to provide some of these benefits to employees. Internal Revenue Service (IRS) each year.

Family and Medical Leave Act 57

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

Vantage Circle

FEBRUARY 12, 2024

There's a science to selecting benefits that effectively balance employer budgets and employee priorities. An interactive employee benefits survey is your secret to achieving this elusive synergy. The right questions blueprint your people's benefits outlook, including satisfaction, pain points, and desired additions.

Employee Benefits 59

Employee Benefits Family and Medical Leave Act Parental Leave Benefits Package 59

Higginbotham

OCTOBER 14, 2022

This can be done through salary and wages, but it can also be done through benefits, and the latter can be better in some ways. A Glassdoor survey found that 80 percent of employees prefer additional benefits over a pay raise. If employers don’t provide adequate compensation, they risk losing their workers.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Empuls

JULY 11, 2023

In the ever-evolving world of employment, organizations are increasingly focusing on enhancing employee satisfaction and well-being. 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.

Employee Benefits 40

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

Vantage Circle

NOVEMBER 23, 2023

Expectations of employees regarding employee perks in the US Key benefits of having an employee perks program in place 12 effective employee perks in the US Don't forget to take action Before we delve further, let us glimpse at the concept of employee perks and how they are important in workplace scenarios across the US. percent and 36.1

Family and Medical Leave Act 64

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 64

Higginbotham

MAY 11, 2023

FAQs Provide Guidance on Preventive Care Following Court Decision The ACA requires non-grandfathered health plans and health insurance issuers to cover a set of recommended preventive services without imposing cost-sharing requirements (such as deductibles, copayments or coinsurance) when the services are provided by in-network providers.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Deductions Deductible 52

Vantage Circle

SEPTEMBER 11, 2023

Such platform consist of specific benefits administration software designed for managing and administering employee benefits programs. Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more.

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

Insperity

APRIL 4, 2012

The central question of the case examines the individual mandate, which is set to go into effect in 2014 and will require most Americans to buy health insurance or pay a penalty. Employers may already find themselves offering coverage to more people because some parts of the Affordable Care Act are already in effect.

Flexible Spending Account 40

Flexible Spending Account Deductions Deductible Health Insurance 40

Achievers

NOVEMBER 23, 2023

A comprehensive benefits package, which may include health insurance, retirement plans, and flexible spending accounts, contributes to employees’ well-being and sense of security. Employers can mark these milestones with personalized cards, small gifts, public acknowledgments, and celebrations.

Flexible Spending Account 197

Flexible Spending Account Financial Compensation Retirement Plan Flexible Spending 197