Insperity

MARCH 12, 2024

Launching a successful benefits program in your workplace calls for a savvy employee benefits strategy. Here, we’ll cover everything you need to know about employee benefits. Common employee benefits Here’s a list of the employee benefits that should be on your radar.

Family and Medical Leave Act 57

Family and Medical Leave Act Employee Benefits PTO 401(k) 57

Global People Strategist

DECEMBER 12, 2023

Understanding local employment laws is crucial for those considering employment opportunities in this South American nation. Navigating the intricacies of Peru’s employment landscape involves grasping key aspects such as general labor laws, tax regulations, and employee benefits.

Employment 96

Employment Overtime Taxes Paid Leave 96

Employee Benefits

FEBRUARY 28, 2023

Salary sacrifice schemes are hugely popular among UK employees and employers. We’re in a cost-of-living crisis, and the monthly wage needs to stretch further, but salary sacrifice schemes are still an impactful financial wellbeing benefit.

Deductions 52

Deductions Deductible Salary Taxes 52

PeopleKeep

SEPTEMBER 26, 2022

When considering health insurance policies for your organization, you may have wondered if it’s better to have a low deductible health plan (LDHP) or a high deductible health plan (HDHP). While HDHPs have higher deductibles than LDHPs, as the name implies, there can be benefits to taking on the risk.

Deductions 52

Deductions Deductible Health Savings Account Health Insurance 52

Higginbotham

APRIL 30, 2024

According to the International Foundation of Employee Benefits Plans (IFEBP) , employers project a seven percent increase in health insurance costs for 2024. The employer buys a group health plan through an employee benefits broker or from a health insurance company. Employee premiums may help fund the plan.

Insurance 52

Insurance Employee Benefits Health Insurance Medical 52

Snell & Wilmer Benefits

JANUARY 24, 2023

If you sponsor a high deductible health plan (“HDHP”) and have been tracking telehealth relief, your head may be spinning and rightfully so! The relief allows, but does not require, HDHPs to provide telehealth and other remote care services on a pre-deductible basis without making participants health savings account (“HSA”) ineligible.

Deductions 52

Deductions Deductible Family and Medical Leave Act Health and Welfare 52

McDermott Will & Emery Employee Benefits

NOVEMBER 1, 2023

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2024. The Social Security Administration […] The post IRS Announces 2024 Employee Benefit Plan Limits appeared first on EMPLOYEE BENEFITS BLOG.

Health and Welfare 86

Health and Welfare Employee Benefits Flexible Spending Account Health Savings Account 86

McDermott Will & Emery Employee Benefits

NOVEMBER 10, 2023

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

Health and Welfare 82

Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account 82

WEX Inc.

SEPTEMBER 12, 2023

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” To take advantage of an HSA, you need to participate in an HSA-eligible health plan (or high-deductible health plan).

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

McNees

JANUARY 13, 2023

Below is a high-level list of the provisions of the Act which are effective in 2023 and which may affect your plan: Welfare Benefit Plans. High Deductible Health Plans can continue to waive the deductible for any telehealth services for plan years beginning before January 1, 2025. Retirement Benefit Plans. Webinar.

401(k) 98

401(k) Health and Welfare Employee Benefits Deductions 98

CorpStrat

JANUARY 17, 2023

Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Transportation fringe benefit plans.

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

Best Money Moves

JULY 8, 2020

Top 10 employee benefits for 2021. HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. But what can employers do to help?

Employee Benefits 111

Employee Benefits Out of Pocket Cost Flexible Spending Account Health Insurance 111

Global People Strategist

DECEMBER 12, 2023

Austria, nestled in the heart of Europe, is renowned for its picturesque landscapes and robust employment laws. Navigating the Austrian employment landscape requires a nuanced understanding of the legal framework that governs the employer-employee relationship.

Employment 52

Employment Taxes Deductions Deductible 52

Higginbotham

OCTOBER 14, 2022

If you want to secure the best talent, you need to offer the best employee benefits. Employee benefits for small businesses can support many goals, including retention, recruitment, engagement, workplace culture and even the company’s bottom line. The Benefits of Employee Benefits.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Snell & Wilmer Benefits

JANUARY 24, 2023

If you sponsor a high deductible health plan (“HDHP”) and have been tracking telehealth relief, your head may be spinning and rightfully so! The relief allows, but does not require, HDHPs to provide telehealth and other remote care services on a pre-deductible basis without making participants health savings account (“HSA”) ineligible.

Deductions 40

Deductions Deductible Family and Medical Leave Act Health and Welfare 40

Hppy

MAY 29, 2018

Employers have the responsibility to accurately calculate payroll deductions and pay employee benefits taxes. To ensure your business runs smoothly keeping your employees happy is one of the most important things to keep on top of. Also, of course, getting their wages right is crucial to being a good employer.

Deductions 37

Deductions Deductible Taxes Payroll 37

McDermott Will & Emery Employee Benefits

OCTOBER 21, 2022

The Internal Revenue Service (IRS) and the Social Security Administration announced the cost-of-living adjustments to the applicable dollar limits on various employer-sponsored retirement and welfare plans and the Social Security wage base for 2023.

Employee Benefits 80

Employee Benefits Flexible Spending Account Employment Health Savings Account 80

Global People Strategist

DECEMBER 25, 2023

Ghana, known for its vibrant culture and burgeoning economy, offers a unique landscape for employment. Navigating the workforce in this West African nation requires a comprehensive understanding of the employment laws that govern employer-employee relationships.

Employment 52

Employment Taxes Paid Leave Overtime 52

Global People Strategist

DECEMBER 12, 2023

Navigating the employment landscape in Morocco involves understanding the intricacies of the country’s employment laws, which encompass regulations on general labor, taxation, and employee benefits. The Labor Code governs the employer-employee relationship, outlining the rights and obligations of both parties.

Employment 52

Employment Overtime Taxes Paid Leave 52

InterWest Insurance Services

MARCH 16, 2023

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research.

Health Insurance 95

Health Insurance Employment Out of Pocket Cost Health Savings Account 95

InterWest Insurance Services

MARCH 1, 2024

Multiple studies have consistently shown that a robust set of employee benefits is a vital component of an overall compensation package. 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.

Voluntary Benefits 95

Voluntary Benefits Disability Insurance Deductions Deductible 95

CorpStrat

JULY 30, 2021

What if we told you there was a way you can deduct all of the medical expenses that are not covered by your insurance plan. We’re talking about things like deductibles, co-insurance, doctor visits, doctor’s who don’t take insurance, eyeglasses, therapy, etc. Doesn’t that sound interesting? Sole Proprieters.

Deductions 52

Deductions Deductible Medical Insurance 52

Higginbotham

MAY 4, 2023

According to Investopedia, employers often provide life insurance as an employee benefit, but these life insurance policies may not always provide sufficient coverage. To address this issue, some employers also offer supplemental life insurance coverage. Millennials are even more likely to rely on workplace coverage.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

Employee Benefits

MARCH 14, 2024

We’re passionate about helping employees and businesses adopt healthier and more sustainable practices, and we’re using the Big Walk and Wheel Week to explore how you can make cycling more affordable and inclusive for all employees. The health benefits of cycling Cycling is an all-round health enhancer.

Deductions 105

Deductions Deductible Retail Salary 105

Genesis HR Solutions

SEPTEMBER 22, 2020

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. 16+ types of employee benefits you should consider. Employers usually cover a portion of this premium. Employers fund and own accounts.

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

Empuls

APRIL 22, 2024

  Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. But in today's job market, employees are looking for more than just a paycheck. This highlights the importance of a strong benefit package in retaining valuable talent.

Employee Benefits 40

Employee Benefits Family and Medical Leave Act Benefits Package Health Insurance 40

WEX Inc.

JANUARY 4, 2023

In this blog post, we outline some of the ways your ability to use your employee benefits changes when you elect COBRA. You are still eligible to participate and contribute to an HSA while on COBRA as long as: You’re enrolled in an HSA-eligible health plan (or high-deductible health plan ). It is not legal or tax advice.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Empuls

JULY 11, 2023

In the ever-evolving world of employment, organizations are increasingly focusing on enhancing employee satisfaction and well-being. Alongside competitive salaries and career growth opportunities, companies are now offering a wide array of tax free or non taxable employee benefits to attract and retain top talent.

Employee Benefits 40

Employee Benefits Flexible Spending Account roth 401(k) 401(k) 40

Employee Benefits

MAY 21, 2024

However, the most significant financial benefit of cycle-to-work schemes is the tax and NIC savings for employees and employers when an employee uses their bike-to-work scheme to purchase a new cycle. A bike-to-work scheme can also help you become a more socially responsible business and employer.

Deductions 52

Deductions Deductible Salary Taxes 52

Griffin Benefits

FEBRUARY 7, 2023

Regulations aside, employee benefits management hasn’t changed much in several decades, so it’s notable that employers are beginning to use traditional marketing tactics to make sure their benefits efforts hit the mark for their employees. This group is typically 26- to 34-years old and savvier about benefits.

Employee Benefits 78

Employee Benefits Health Savings Account Food Medical 78

WEX Inc.

MAY 2, 2024

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention. Investment potential.

Health Savings Account 98

Health Savings Account 401(k) Flexible Spending Account Taxes 98

Bayzat

DECEMBER 1, 2023

Understanding termination of employment processes in the UAE helps employers and workers foster healthy transition relationships. Under labour laws, responsibilities and liabilities fall on workers and employers terminating employment, and ignoring these can attract legal consequences. What is Termination of Employment?

Employment 94

Employment Human Resources Recruitment Medical 94

Higginbotham

DECEMBER 26, 2022

As an employer, you can support your workers by providing employee health benefits that include substance abuse insurance. This gives employers a strong incentive to keep their workplaces drug free. Employers cannot discriminate against someone who has a history of addiction but is not currently using.

Insurance 52

Insurance Employee Benefits Health Insurance Financial Counseling 52

Snell & Wilmer Benefits

MARCH 21, 2024

The legislative intent of a PLESA is to allow low- and middle-income employees to use payroll deductions to accumulate funds that they can use in the event of an emergency. Here are the top 5 things employers should know: What is a PLESA? Employer Matching Contributions on PLESAs. Automatic Enrollment is Permitted.

Pension 52

Pension 401(k) Retirement Plan Employment 52

Joe Markland

OCTOBER 11, 2020

Over the past 6 years I have published several articles on the need to personalize health insurance (and get the employer out of the way) by making an individual insurance policy tax deductible. The running narrative around employer-based insurance is that it is not broken. The employer in the middle is the problem.

Health Insurance 130

Health Insurance Insurance Health Savings Account Employment 130

AssuredPartners

DECEMBER 11, 2022

Today’s employers play a vital role in helping employees save and invest for retirement. With different needs and expectations, employers must first strive to understand the varying views of each generation. This generation is susceptible to employment risks, market volatility, and increasing inflation.

401(k) 98

401(k) Health and Welfare Employment Retirement Plan 98

Empuls

APRIL 28, 2023

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employee benefits?

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40