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Importance of Employee Benefit Package And Why it Matters

HR Digest

Health care flexible spending accounts 3. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Disability insurance Looking at these results, it’s clear that financial security is a major driver of employee benefit choices.

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Employee benefits for small businesses

Higginbotham

Different health plan types come with both advantages and disadvantages, including differences in cost, risk and employee involvement/education. Disability Insurance and Life Insurance. Life insurance helps ensure that they will be able to provide for their families even if the worst were to happen.

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

Insperity

It’s likely a result of ineffective communication and education. Leverage new-employee orientation and the hiring process to educate new team members about benefits. Be sure they have the tools they need to make educated decisions. How does a flexible spending account work?

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5 steps to more financially stable employees

Insperity

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more.

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Help Employees Understand the HSA Value Proposition

Corporate Synergies

Educate employees on how to use these funds for current and future healthcare expenses. Health savings accounts can be a good deal for employees. But there’s a great chance that if you offer a high deductible health plan with an HSA, your employees aren’t crystal clear on the benefits of the health savings account. As Seen In.

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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.

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What is a PEO?

Insperity

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance.

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