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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. Flexible Spending Account (FSA).

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

Payroll deductions This item spells out each of the deductions the company withholds, including federal, state, and local taxes and other things, including voluntary deductions for benefits. It covers things including hospital and doctor visits, surgeries, and prescriptions. Dental, vision, and disability insurance.

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5 ways you can help employees get the most from their benefits

Insperity

You might also think about providing blood pressure screening (a local hospital may be able to provide this at little to no cost) or a raffle for fitness equipment or dinner at a nice restaurant. For instance, what costs are the employees responsible for (partial premiums, deductibles, etc.)? How does a flexible spending account work?

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What employees expect from benefits packages

Business Management Daily

To qualify as such, the government states the plan must “pay at least 60% of the total cost of medical services for a standard population” and “include substantial coverage of physician and inpatient hospital services.”. Medical plans with no or low-cost deductibles. Insurance that is accepted at a greater range of places.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.