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What employees expect from benefits packages

Business Management Daily

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.

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How Employers Should Prepare to Navigate a Recession

Benefit Resource Inc.

Offering pre-tax benefits First, if employee benefits aren’t already offered, employers can help alleviate the financial burden of healthcare costs for their employees by providing pre-tax benefits. This can help employees save money on transportation and reduce the financial strain of taking time off work.

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FSA eligible expenses — what purchases count?

Business Management Daily

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. Wherever you fall, we have answers for you.

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

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. Consider adding financial wellness programs to your benefit offerings to help employees manage these worries and focus on career success.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Flexible Spending Account (FSA). According to Healthcare.gov , a Flexible Spending Account (also known as a flexible spending arrangement) is a special account employees put money into that they use to pay for certain out-of-pocket health care costs. Health Savings Account (HSA).

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

Non taxable or tax free employee benefits are an integral part of a comprehensive compensation package, complementing salary and other traditional benefits. They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more.

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Five Questions to Implement a Pre-tax Benefit Plan

Benefit Resource Inc.

Let’s say you decided to offer a Flexible Spending Account (FSA). You may also need to consider pre-tax transportation benefits. While not technically an FSA, some people will informally refer to a Commuter Benefit Plan as a Transit FSA. But, what types of FSAs are you offering? Limited Purpose FSA.

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