WEX Inc.

SEPTEMBER 7, 2023

Most employees are about to have the opportunity to re-evaluate their benefits options during open enrollment. Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Check out our employee wellness guide below!

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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?

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InterWest Insurance Services

SEPTEMBER 27, 2023

With answers and feedback in hand you can create a benefits package that is more appealing to them, which in turn gives you a competitive edge when attracting and retaining workers. Engage employees and solicit feedback through quarterly employee-benefits round table meetings. That benefits both them and your organization.

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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.

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Higginbotham

OCTOBER 13, 2023

Your workforce likely includes Boomers, Gen Xers, Millennials and Gen Zers, parents, pet parents and those without children – and they all want different things from their employee benefits. What are Lifestyle Spending Accounts? Although Lifestyle Spending Accounts are not common in the U.S.

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Benefit Resource Inc.

FEBRUARY 14, 2022

To employers, Valentine’s Day has special meaning as well. The vast majority of companies provide employee benefits to their workers, and as an employer, nothing offers better returns than investing in your employees. Here are the three reasons why you should love your benefits package!

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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.

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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.

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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.

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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)?

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Higginbotham

JUNE 14, 2022

Flexible Spending Accounts (FSAs) have emerged as one solution. FSA programs can be a good fit for many employee health benefit programs, but before being able to decide, you may have some questions – for example, how do FSAs work? Flexible Spending Account vs. Health Savings Account.

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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.

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Benefit Resource Inc.

SEPTEMBER 28, 2023

For BRI, these awards represent a culmination of our relentless pursuit of excellence and our deep-seated commitment to enhancing the lives of employees and employers through innovative benefits solutions. ” Wilson’s words underscore the profound impact that BRI and its CEO, Jason Hall, have had on the benefits industry.

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Benefit Resource Inc.

NOVEMBER 22, 2022

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. Each type of benefit can help you save money in different ways.

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Benefit Resource Inc.

NOVEMBER 5, 2021

Benefit Resource (BRI) has been simplifying the complexity of benefits for maximum savings and peace of mind for almost 30 years. Employers have come to trust and rely on BRI for their tax-free benefits needs. A little over a year and a half into the pandemic, employee benefits are in the spotlight more than ever.

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Higginbotham

JANUARY 27, 2023

Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile. ALEs are subject to certain health care reporting requirements. However, many small employers decide to offer health insurance anyway.

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Higginbotham

JULY 12, 2022

For example: In an individual coverage health reimbursement arrangement, the health reimbursement arrangement is offered in place of a group health plan, allowing employees to purchase a health plan on their own. Integrated health reimbursement arrangements are designed to work with the group health plan.

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Higginbotham

OCTOBER 5, 2023

But, to offer more, it is not always necessary to spend more. Competitive advantage can also come from creativity in putting together a benefits package. To meet these expectations, employers need to get creative and think beyond traditional offerings. For private loans, the average debt is $54,921.

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Benefit Resource Inc.

SEPTEMBER 8, 2021

The first step to getting employees to “swipe right” on your benefits is for them understand what they are looking for in a benefits package. Some people might want benefits that can be used to support children, like a General or Limited Flexible Spending Account (FSA) or a Dependent Care FSA.

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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. Employers usually cover a portion of this premium. Flexible Spending Account (FSA).

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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? 5 Mental Health Benefits . 4 Paid Time Off.

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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). Many workers are paying greater attention to their benefits and wondering how to stretch their dollars further.

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Benefit Resource Inc.

OCTOBER 30, 2018

The BRight Ideas Quiz administered by Benefit Resource, Inc. in 2017 revealed several key areas within pre-tax benefits where participant understanding needs improvement. In this section, we’ll explore areas related to Flexible Spending Accounts, Health Savings Accounts, and Health Reimbursement Accounts.

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WEX Inc.

JULY 20, 2023

In the first post of this year’s open enrollment series, we break down some of the common feedback we received from those who said their benefits options were lacking so you can build the best benefits package going into your open enrollment. However, not all employees are offered these benefits.

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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.

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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. In exchange for this benefit, employees give up their right to sue their employer over their work-related injury, regardless of which party is at fault.

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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.

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Higginbotham

MAY 11, 2023

Accordingly, on April 13, 2023, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued frequently asked questions (FAQs) in response to this case. In the meantime, employers that want to make changes to their preventive care benefits should carefully review their options.

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Vantage Circle

SEPTEMBER 11, 2023

Flexibility in Benefits: An employee benefits platform can provide greater flexibility in the benefits employers can offer their employees. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs.

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Benefit Resource Inc.

SEPTEMBER 25, 2018

But you can streamline the process to implement a pre-tax benefit plan by understanding and answering these five questions. Let’s say you decided to offer a Flexible Spending Account (FSA). Commuter Benefits, Health Savings Accounts and even COBRA benefits can be transitioned at any time.

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Insperity

APRIL 4, 2012

If the individual mandate stands, employers will likely find themselves carrying more employees on their health care plans, including those with pre-existing conditions. Employers may already find themselves offering coverage to more people because some parts of the Affordable Care Act are already in effect. Higher Deductibles.

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