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Benefits in a Multi-generational Workplace

InterWest Insurance Services

With multiple generations working side-by-side in this economy, the needs of your staff in terms of employee benefits will vary greatly depending on their age. Because of this, employers have to be crafty in how they set up their benefits packages so that they address these various needs.

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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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Why Your Staff Needs Short- and Long-Term Disability Coverage

InterWest Insurance Services

While their health insurance will cover their medical expenses, it won’t cover the cost of living while they recover. That’s why you should be offering your employees voluntary short-term and long-term disability insurance. No one plans on becoming disabled and missing work, but it can happen.

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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Most employers offer major medical coverage to their full-time employees. For example, even with insurance, treating a broken leg or undergoing emergency appendicitis surgery can mean thousands of dollars in out-of-pocket medical costs. The worker can use this cash benefit for any purpose, including: Deductibles. Coinsurance.

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Dental and Vision Benefits Are Inexpensive, and a Big Hit with Workers

InterWest Insurance Services

Employers nationwide are looking for ways to attract and retain talent and differentiate themselves from competing employers, and many are looking to the two most popular voluntary benefits: employee dental and vision plans. They were just part of a standard package available to full-time workers at little or no cost to themselves.

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9 ways your benefits administration partner should be supporting you

WEX Inc.

Outsourcing your benefits with an administrator you can trust is a smart way to lighten HR workloads and set yourself up for success. Here are nine characters your benefits administration partner should have to support you. Deep industry knowledge Your ben admin provider should be experienced and deeply knowledgeable.

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Retaining skills & reducing employee turnover in 2024 & beyond!

Employee Benefits

The Rewards and Benefits Association recently published a report that found that 64% of employers consider the cost of recruiting fresh skills to be a considerable financial risk over the next two years. We discussed being an employer of choice in March 2023 with our blog – You’re Ready to Become an Employer of Choice.

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