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3 major benefits challenges for HR and how to solve them

WEX Inc.

Cost containment With the increase of healthcare costs, cost containment strategies are essential for employers to maintain financial sustainability while providing comprehensive benefits to employees. The information in this blog post is for educational purposes only. It is not legal or tax advice.

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How can employers build the case for aligning financial and mental wellbeing strategies?

Employee Benefits

Adrian Firth, employee benefits consultant at Mattioli Woods, says: “Everything’s connected. These can include discount vouchers, employee assistance programmes (EAPs) and financial education , says Katharine Moxham, spokesperson for industry body Group Risk Development (Grid). Financial education can be really useful.”

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QSEHRAs and what they mean for your small business

WEX Inc.

These plans are often used to provide a more comprehensive benefit package to employees. Unlike a QSEHRA, they are more complex and require the employer to manage both health benefits and reimbursements for employees. The information in this blog post is for educational purposes only. How do I offer a QSEHRA?

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PEO Solutions at Genesis HR

Genesis HR Solutions

Comprehensive Benefits. Benefits are a primary driver for many businesses to consider a PEO. You don’t have to make the HR decisions and do the leg work for every disparate benefit you want to offer—we take care of it all for you. Sheree Defeo, MBA, Kline & Company CPA PC.

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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Other non-taxable benefits can include: Achievement awards Adoption assistance Child/dependent care and assistance Tuition reimbursement or education assistance Employee stock options Health Savings Accounts (HSAs) Retirement planning services Meals Another non-taxable category is known as de minimis (minimal) benefits.

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How to Design an Employee Benefits Program Effectively

Empuls

They provide a range of benefits and perks to employees beyond their regular wages, including health and wellness benefits, retirement benefits, time-off benefits, employee perks and discounts, and educational assistance. What are employee benefits?

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Employee wellness matters: Exploring the benefits of health insurance

Higginbotham

Career Wellness Programs The two phenomena known as the Great Resignation and Quiet Quitting tell us all that we need to know about the importance of including career motivation programs among wellness benefits. Employees can consult with a primary care provider or a registered dietitian to decide whether specialty care is required.