Remove Deductible Remove Employee Compensation Remove Life Insurance Remove Take Home Pay
article thumbnail

Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

How much of an employee’s salary is made up of benefits. Common Employee Benefits. Insurance types: Medical, dental, vision, disability, and life insurance plans. What percentage of total compensation is benefits? Deductions must be set up in payroll and carrier invoices must be paid each month.