Remove Disability Insurance Remove Finance Remove Retirement Plan Remove Salary
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Total compensation package examples

Higginbotham

Employee compensation includes a lot more than just the base salary or hourly wage. Bonuses and commissions can give annual earnings a significant boost, and various benefits can also have a major impact on your employees’ finances and wellbeing. The real takeaway is both salary and benefits matter. Retirement Plans.

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Leveraging employee financial wellness programs in your benefits strategy

Higginbotham

Employers can support them by providing employee financial wellness programs that help workers manage their money and take control of their finances. Why Employers Should Care About Financial Wellness According to Capital One, 73 percent of people say their finances are a major cause of stress.

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Employee Benefits: Types, Cost & Examples

HR Digest

Employee benefits are defined as additional tangible and intangible compensation that is given to employees asides from their normal salary. These benefits range from health insurance to paid time off. These benefits include the ones that cover anything finances for employees. What are employee benefits?

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How to conduct a compensation and benefits review

Higginbotham

You will need to gather information on the employee benefits and salary you’re currently offering. Key elements to consider include the following: Salary, wages, bonuses and commissions. Health insurance. Retirement plans. Fortune says that 27 percent of U.S. Mental health benefits are another attractive option.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Employee benefits are non-wage compensation provided by employers to their employees in addition to their regular salary or wages. What are employee benefits?

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These are benefits given over and above salaries and wages. Disability Insurance. The employer pays for the worker’s salary if the worker becomes disabled or is unable to work. An employer can provide either short-term or long-term disability insurance depending on the needs of the employee.

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Employee benefits for small businesses

Higginbotham

This can be done through salary and wages, but it can also be done through benefits, and the latter can be better in some ways. Gallup says that the cost of replacing an employee can range from one-and-a-half to two-times the employee’s annual salary. Disability Insurance and Life Insurance. Retirement Plans.