Remove Disability Insurance Remove Life Insurance Remove Paid Leave Remove Salary
article thumbnail

How to evaluate the compensation plan?

HR Digest

If you’re in the job market and get an offer with a salary that pays you $20,000 more than what you currently make, it goes without saying that you are supposed to take the money. Oftentimes a higher salary might not actually mean more money in your pocket. Disability insurance. Life insurance.

401(k) 82
article thumbnail

5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). Leaves of absence. Life insurance – Providing life insurance protects employees’ families by paying a specified amount to employees’ beneficiaries in the event of death.

Banking 51
Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Not just salary. You want your employee benefits package to include at least some of these popular fringe benefits : Health insurance. Life insurance. Disability insurance. Paid Time Off (PTO). But just 73% reported being satisfied with the paid leave offered at their organization.

PTO 105
article thumbnail

Prioritize Financial Well-being in the Workplace

Empuls

💡 71% feel the cost of living is outpacing growth in their salary or wages. While the insurance premium is discretionary, plans include regular check-ups and eye and dental coverage. Some employers also offer short or long-term disability insurance for those affected and unable to work.

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. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.