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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Vision Insurance.

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Total compensation package examples

Higginbotham

Bonuses and commissions can give annual earnings a significant boost, and various benefits can also have a major impact on your employees’ finances and wellbeing. Health Insurance. Other Insurance (Dental Insurance, Vision Insurance, Life Insurance, Disability Insurance, Pet Insurance, etc.).

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Taking a Holistic Approach Business Succession Planning

AssuredPartners

Having a clear vision of how the business will operate and who will lead the organization in the future is important to effectively transition. Two ways to achieve these outcomes are with executive benefits and life insurance. Establishing a strong management team. Undertaking a regular valuation exercise. Executive Benefits.

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How to evaluate the compensation plan?

HR Digest

Disability insurance. Life insurance. A plush compensation and benefits plan that covers the cost of essentials, such as medical, dental and vision insurance, that you would otherwise have to pay for from your pocket will save you from a lifetime of financial headaches. Employee assistance program.

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Attracting top talent in a competitive job market

Insperity

Promote your employer brand (mission, vision and values). Start by looking at, and possibly refreshing, your company’s mission and vision – that is, what your organization does, why it exists and what it stands for. Together, your mission, vision and values make up your employer brand. Dental insurance. Vision insurance.

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What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Insurance, including health, dental, vision, life, disability, etc. Commission/bonuses/incentive pay.

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How to conduct a compensation and benefits review

Higginbotham

Key elements to consider include the following: Salary, wages, bonuses and commissions. Health insurance. Other insurance types/voluntary insurance (vision insurance, dental insurance, critical illness insurance, long-term care insurance, life insurance, disability insurance, pet insurance, etc.).