Higginbotham

JANUARY 27, 2023

They want to be fairly compensated for their work, and that usually involves both wages and employee benefits. Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile. Health insurance matters to employees.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 52

InterWest Insurance Services

SEPTEMBER 27, 2023

It’s almost time for group health insurance open enrollment and your top priority should be to drive participation by helping your employees make informed decisions about their options. The lower the premium on the plan, the higher the deductibles and copays. Get an early start If your plan year starts Jan.

Out of Pocket Cost 93

Out of Pocket Cost Flexible Spending Account Health Savings Account Health Insurance 93

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

Employee Benefits

AUGUST 8, 2023

As an employer, it’s your responsibility to contribute at least 8% towards an employee’s pension every month, typically split as: 3% from the employer 5% deducted from the employee’s pre-tax salary Paid Leave for Maternity, Paternity, and Adoption Paid leave for these life events is another statutory requirement.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

PeopleStrategy

JULY 8, 2019

Health benefits payment terms. Deductible : the amount an employee must pay out-of-pocket each year before their insurance kicks in; this does not apply to preventative care, like annual physicals. Share it with your employees before open enrollment!

Health Savings Account 82

Health Savings Account Deductions Deductible Healthcare 82

InterWest Insurance Services

MARCH 1, 2024

As a result, many employers are increasingly turning to voluntary employee benefits, which allow them to provide valued, high-demand benefits to employees at little or no cost to the company. cancer insurance) Pet insurance. Where the employer did not offer voluntary benefits, the satisfaction rating fell to 32%.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Deductions Deductible 98

Higginbotham

APRIL 7, 2022

It’s generally accepted that people should have health insurance. Veterinary bills can be expensive, especially when unexpected accidents and illnesses are involved, and pet insurance can help cover the costs. Some pet owners buy coverage on their own, but pet insurance has also emerged as a popular employee benefit.

Insurance 52

Insurance Benefits Package Health Insurance Deductions 52

Higginbotham

JULY 19, 2022

Employee pay is often closely connected to employee benefits and, by extension, various regulations related to those employee benefits. For example, employees may pay their share of health insurance and various voluntary benefits through payroll deductions.

Payroll Service 52

Payroll Service Payroll Outsourcing Payroll Overtime 52

GRA Benefits Group

OCTOBER 2, 2020

We’re in the employee benefit business. So unfortunately, in a pandemic, everyone wants health insurance. Also, for about three years now, we’ve been helping employee benefit agencies and their clients move HR and BenAdministration to the Cloud. Benefits are expensive. Voluntary benefits.

Life Insurance 52

Life Insurance Payroll Insurance Voluntary Benefits 52

Best Money Moves

NOVEMBER 4, 2020

What the average health insurance premium costs and changes employers are making to health benefits offerings in the new year. The ever increasing cost of healthcare combined with uncertainty about coverage, deductibles and copays keep some employees from getting the medical care they need.

Healthcare 111

Healthcare Out of Pocket Cost Voluntary Benefits Management 111