Benefit Resource Inc.

MAY 15, 2024

Leveraging HSA funds can be a game-changer for organizations looking to improve benefits packages and encourage financial wellness among employees. Understanding the HSA Advantage HSAs are tax-advantaged savings accounts specifically designed to help individuals save for medical expenses.

Health Savings Account 52

Health Savings Account Healthcare Benefits Package Taxes 52

Employee Benefits

AUGUST 7, 2024

Credit: Hyejin Kang/Shutterstock Need to know: Employers should start planning now for the P11D changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs) on benefits in kind, to ensure a smooth transition to the new system in April 2026.

Payroll System 59

Payroll System Taxes Payroll Take Home Pay 59

Higginbotham

JULY 12, 2024

Employers can help their workers by offering dependent care assistance plans as part of their employee benefits package. Others might struggle to manage the financial impact of care expenses on their household budget. A dependent care assistance plan may be a good addition to your benefit offerings. According to the U.S.

Employee Benefits 52

Employee Benefits Flexible Spending Account Benefits Package Flexible Spending 52

Employee Benefits

OCTOBER 25, 2023

Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and support about benefits available. A good benefits package is the most important thing that 42% of employees look for in employment, according to June 2023 research by benefits provider Zest.

Voluntary Benefits 111

Voluntary Benefits Benefits Package Benefit Providers Electronics 111

Professionals Alternative

JULY 6, 2023

[link] Maximizing Profits: How a Property Management Accountant Can Revolutionize Financial Operations Introduction to Property Management Accounting As a property owner or manager, ensuring efficient financial operations is crucial for maximizing profits. This is where a property management accountant plays a vital role.

Management 52

Management Banking Taxes Software 52

WEX Inc.

JUNE 27, 2024

And don’t forget to check out our Benefits Buzz podcast episode with Matt Dallahan, vice president of product management at WEX, below. The value of personalized benefits Personalized benefits are about more than offering a generic set of options. Learn more about employee benefits by subscribing to our blog !

Technology 52

Technology Benefits Package Utilities Taxes 52

Insperity

OCTOBER 2, 2018

When federal tax reform happens, it makes headlines across all media, with the news of sweeping tax changes and how they impact businesses and individuals. Our nation’s first major tax reform in more than 30 years has spurred many business owners to spend hours with their CPAs and tax consultants over the past few months.

Taxes 72

Taxes 401(k) Payroll Professional Employer Organization 72

PeopleKeep

MARCH 14, 2022

These popular accounts make an employee’s benefits package more attractive by reducing their healthcare costs, which aids in increased employee satisfaction and retention. But employer contributions to HSA rules can be challenging to manage.

Health Savings Account 92

Health Savings Account Employment Benefits Package Healthcare 92

Benefit Resource Inc.

MAY 2, 2023

Significant areas of focus are healthcare costs and pre-tax benefits. 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.

Employment 52

Employment Flexible Spending Account Benefits Package Healthcare 52

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.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

Employee Benefits

SEPTEMBER 10, 2023

Some of Tusker’s customers have shared their experiences on the impact of the car benefit scheme on their organisation’s benefits packages. It’s part of our overall benefits package and really fits with our corporate goals.” This represents a carbon saving of more than 300 tonnes.

Benefits Package 98

Benefits Package Salary Pension Insurance 98

HR Lineup

MAY 3, 2023

Rise is a cloud-based human resources management software that helps small and medium-sized businesses streamline their HR processes. The platform offers a wide range of HR solutions, including benefits administration, time and attendance tracking, payroll, and employee performance management.

Benefits Package 52

Benefits Package Payroll Manager Retirement Plan Human Resources 52

Insperity

JANUARY 27, 2022

What are fringe benefits? In common parlance, fringe benefits (a.k.a. perks or perquisites) are benefits you offer in addition to pay. The IRS’ Publication 15-B (2021) Employer’s Tax Guide to Fringe Benefits defines a fringe benefit as “a form of pay for the performance of services.

Employment 99

Employment Taxes Health Savings Account Benefits Package 99

Enjoy Benefits

AUGUST 6, 2024

A recent report found that more than half of younger employees believe that a good benefits package is the most important thing they look for when searching for a job. And two-thirds of younger employees would move to another company if they were offered a better benefits package.

Benefits Package 52

Benefits Package Taxes Salary Insurance 52

HR Digest

FEBRUARY 13, 2022

It means that your employees will appear on the books for tax and legal purposes. It is usual that a PEO manages all of your HR functions , but you can still decide and have control over your employees. Employee benefits administration. The main role of HR outsourcing is to make employee management easier and more convenient.

Payroll 98

Payroll Taxes Retirement Plan Health Insurance 98

HR Lineup

OCTOBER 21, 2024

Employee benefits management has become increasingly complex in recent years, with professionals needing to navigate health plans, retirement packages, wellness programs, and various compliance regulations. Key Benefits: Offers deep insights into benefits strategy, cost management, and vendor management.

401(k) 67

401(k) Employee Benefits Retirement Plan Health Savings Account 67

Higginbotham

NOVEMBER 2, 2023

Employers can support them by providing employee financial wellness programs that help workers manage their money and take control of their finances. 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.

401(k) 52

401(k) Disability Insurance Benefits Package Insurance 52

Benefit Resource Inc.

FEBRUARY 7, 2024

Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses. This account not only promotes fiscal responsibility but also encourages employees to take an active role in managing their healthcare costs.

Health Savings Account 52

Health Savings Account Healthcare Deductible Deductions 52

HR Lineup

DECEMBER 4, 2023

Namely is a comprehensive Human Resources (HR) and payroll platform designed to streamline and simplify workforce management for businesses of all sizes. This platform integrates various HR functions into a unified system, offering a user-friendly interface and a suite of tools to manage employee data, payroll, benefits, and more.

Payroll 52

Payroll Retirement Plan Human Resources Health Insurance 52

WEX Inc.

JUNE 5, 2023

A QSEHRA is a tax-advantaged benefits plan funded by the employer that employees can tap into to pay for eligible expenses. You and your employees both save money because your reimbursements of their expenses are tax-free. What are the challenges small businesses face with benefits? It is not legal or tax advice.

Health Insurance 94

Health Insurance Healthcare Taxes Insurance 94

WEX Inc.

JUNE 11, 2024

COBRA rules and regulations are a lot for employers to manage daily, let alone under special circumstances (like the American Rescue Plan Act of 2021, or ARPA). Managing COBRA open enrollment Open enrollment for traditional employee benefits is already a busy time for employers. It is not legal or tax advice.

Benefits Package 52

Benefits Package Education Taxes Consulting 52

Employee Benefits

JANUARY 10, 2024

Credit: Ned Snowman / Shutterstock.com Mitsubishi UFJ Financial Group (MUFG) has enhanced its benefits for its working parents and those with caring responsibilities in the UK to drive diversity and inclusion within the organisation. One session is equal to one day at nursery and up to five hours of in-home adult care.

Parental Leave 59

Parental Leave Benefits Package Human Resources Taxes 59

HR Lineup

FEBRUARY 5, 2024

Any business requires the best payroll software 2024 to manage its employees’ payroll. The software should be very effective to manage taxes and employee benefits. Therefore, whether you manage a few or hundreds of employees, rest assured you will receive the best services with these tools.

Payroll Software 52

Payroll Software Payroll Software Online Payroll 52

Higginbotham

JANUARY 27, 2023

Although it may seem easier to boost wages and forget about employee benefits, due to potential tax breaks, offering health insurance can be a financially sound strategy. A benefits package can also boost your company’s bottom line by supporting a healthy workforce. A SHOP-registered insurance agent can help you enroll.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 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. HR teams and managers can reduce this stress by implementing programs to help educate new hires to understand their benefits packages, particularly if you offer a 401(k) plan.

Education 88

Education 401(k) Deductions Deductible 88

Higginbotham

JANUARY 12, 2024

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. Taxes: Withdrawals are not typically subject to income tax, and contributions may be tax-free as well.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Deductible Deductions 52

PeopleKeep

MAY 24, 2021

Opportunities to offer more flexible and personalized health benefits have grown a lot in recent years. With new tax-free vehicles emerging, including account-based health plans (ABHPs), small employers now have multiple ways to increase employees’ benefits.

Health Savings Account 94

Health Savings Account Benefits Package Deductions Deductible 94

Benefit Resource Inc.

MAY 29, 2023

One of the most important decisions you can make as an employer is offering competitive benefits packages that entice and retain top talent. HSAs and FSAs are two popular healthcare savings options that provide individuals with tax advantages when it comes to managing their medical expenses.

Healthcare 52

Healthcare Benefits Package Medical Taxes 52

HR Lineup

MAY 11, 2023

The company is headquartered in Salt Lake City, Utah, and was founded in 2011 with the goal of helping businesses provide quality, affordable health benefits to their employees. The PeopleKeep platform offers customizable benefits solutions for businesses of all sizes. Another benefit of using PeopleKeep is the flexibility it offers.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 52

HR Digest

OCTOBER 5, 2022

It’s an account that allows workers to contribute money from their paychecks on a tax-deferred basis. This means that you don’t pay taxes on the money you contribute until it’s withdrawn, usually upon retirement. The plan is used by many workers and is offered by employers as part of the benefits package.

401(k) 115

401(k) Taxes Benefits Package Government 115

HR Lineup

FEBRUARY 2, 2024

Taxation of Leave Encashment The taxation of leave encashment varies depending on the country’s tax laws and regulations. In many jurisdictions, leave encashment is subject to income tax, and the tax treatment may differ based on the nature of the leave and the reason for encashment.

Taxes 52

Taxes Government Salary Deductible 52

Benefit Resource Inc.

NOVEMBER 13, 2018

We understand it is a stressful time and are ready to make your year-end pre-tax benefits goals a reality. When using Benefit Resource for your pre-tax benefits administration, your Plan Highlights document is your basic employee playbook on pre-tax benefits. 3rd Down: Schedule re-enrollment.

Taxes 40

Taxes Health Savings Account Deductible Deductions 40

Employee Benefits

JULY 31, 2024

The contents and composition of a total reward statement will vary from organisation to organisation, but they will typically include sections covering the different areas of the overall benefits package, such as salary and bonuses, pension, insurance provision, benefits, allowances such as company car allowance, and employee discounts.

Pension 59

Pension Salary Benefits Package Taxes 59

Employee Benefits

JANUARY 30, 2023

As organisations look to build a package that positions them as an employer of choice in a competitive recruitment masrker, as well as supporting employees in key areas of their lives, it can be easy to end up with a bulging benefits package. asks James Malia, UK managing director at Prezzee. How much is too much?

Employment 111

Employment Benefits Package Education Salary 111

Empuls

SEPTEMBER 28, 2023

In this blog, we have described everything from the best employee benefits in the UK to the way an employee benefits package can be designed for employees, the legal regulations, tax compliance and other nuances with regard to the subject. Tax relief is also added to the pension as a contribution from the government.

Employee Benefits 40

Employee Benefits Pension Mandatory Benefits Benefits Package 40

Business Management Daily

MAY 17, 2023

If your benefits package covers mental health You can encourage employees to take advantage of their mental health benefits. The Mental Health and Substance Use Disorder Parity Act doesn’t mandate group health plans to cover mental health benefits. We’ve been there. There are also other resources you can explore.

Benefits Package 52

Benefits Package IT Work From Home Medical 52

Enjoy Benefits

JUNE 4, 2023

Fewer people in the workforce also means less tax to invest in the economy. An Enjoy Benefits package of support offers a suite of attractive options for older workers who might be thinking about leaving. Many of our benefits come at no extra cost to your business and with reductions in tax and NI. What can you do?

Pension 97

Pension Manufacturing Transportation Benefits Package 97