Remove Disability Insurance Remove Employee Wellness Remove Recruitment Remove Retirement Plan
article thumbnail

How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

But slowly, more companies are realizing they can save money by offering perks like pet insurance and gym memberships. The cost of recruiting and onboarding new employees too often can sink a business fast. Core benefits are defined as those given to every employee. What Are Benefits as Opposed to Perks?

Medical 56
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These include insurance for losses from accidents, disability, sudden death, dismemberment. Disability Insurance. The employer pays for the worker’s salary if the worker becomes disabled or is unable to work. Short-term covers for the employee for up to 6 months while long-term covers a worker’s lifetime’s salary.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. To confirm your company’s legal obligations for these types of insurance, check the laws in your particular state.

article thumbnail

10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Such platform consist of specific benefits administration software designed for managing and administering employee benefits programs. Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more.