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16+ types of employee benefits you should consider

Genesis HR Solutions

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

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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.)? Consider offering lunch or snacks.

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How to address employee pay in your inclement weather policy

Insperity

For example, a hospital must have appropriate medical staff on site – 24 hours a day, 7 days a week. Under the FLSA, there are specific criteria that define when an employer can deduct wages from an exempt employee. But it’s important to note that pay should only be deducted for full-day absences. Using paid time off.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

An HSA is a savings account into which employees who are enrolled in high-deductible health plans (HDHPs) can transfer funds to help cover eligible medical expenses tax-free. Bureau of Labor Statistics (BLS) , private-sector employers spend an average of $2.86 Be as competitive as possible without sacrificing fiscal responsibility.

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How to lower employee stress about health insurance

Insperity

Not having a clear understanding of what their health insurance plan covers until they find themselves at the doctor’s office or hospital isn’t ideal. A recent Business News Daily article underscores the importance of educating employees about their health insurance benefits. Why health insurance is a stressful topic for employees.