article thumbnail

Mental Injuries: Workers’ Compensation and Disability Insurance Part 1

Workers' Compensation Perspectives

Many workers’ compensation jurisdictions and work-disability insurers have noted increasing mental disorder (also called psychological injury, mental injury) claims over time. US Social Security provides benefits to workers for certain disabilities. In this post, we survey some of the data reflecting this increase.

article thumbnail

Importance of Employee Benefit Package And Why it Matters

HR Digest

Health insurance 2. Pension or retirement savings plan 3. 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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Paul Gilshan: Are employee benefits as important as salary?

Employee Benefits

Employee benefits are defined as ‘non-salary compensation provided to employees in addition to their salary or hourly pay’ These benefits may include private medical insurance, pension contributions , childcare vouchers, a car scheme , and other perks such as discounts on gym memberships, travel, or education.

Salary 98
article thumbnail

Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Dental insurance. Life insurance. Accident insurance. Long-term and short-term disability insurance. Accidental death and dismemberment insurance. Defined benefit pension plans. Critical illness insurance. Hospital indemnity insurance. 401(k)s or other retirement plans.

article thumbnail

Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Dental Insurance Employers pay for employees' dental care, including checkups and necessary upkeep. These checkups are separate from the overall health insurance. Disability Insurance The employer pays the worker's salary if the worker becomes disabled or cannot work.

article thumbnail

How to evaluate the compensation plan?

HR Digest

Retirement benefits – include 401(k)/403(b), pension plans, etc. Disability insurance. Life insurance. Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. Employee assistance program. Relocation expenses. Career-advancement opportunities.

401(k) 82
article thumbnail

Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

Group life insurance premiums provided to employees over $50,000. Group-term life insurance coverage. Some examples are retirement benefits, child care, health insurance, employee rewards, disability insurance, etc. Which Benefits Are Considered Taxable? Paid vacation. Health club memberships.