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Employee Benefits: Types, Cost & Examples

HR Digest

In this article, we’ll take a look at 12 types of employee benefits , including health insurance, dental insurance, vision insurance, disability insurance, and life insurance. We’ll also discuss how much these employee benefits costs employers and businesses alike.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Hospital insurance is health insurance for hospital costs. The employee must pay a monthly fee for private insurance.

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What is ancillary health insurance?

Higginbotham

Often referred to as “ancillary benefits,” ancillary insurance can include coverage for miscellaneous medical expenses incurred during a hospitalization that may not be covered by your group health insurance. Examples of this coverage could include ambulance transportation, drugs and medical supplies, such as bandages.

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Total compensation package examples

Higginbotham

Health Insurance. Other Insurance (Dental Insurance, Vision Insurance, Life Insurance, Disability Insurance, Pet Insurance, etc.). Various Perks (Gym Membership, Transportation Benefits, etc.). Commissions. Retirement Plans. College Tuition and Student Loan Repayment.

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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. Transportation (commuting) benefits. Some examples are retirement benefits, child care, health insurance, employee rewards, disability insurance, etc. Which Benefits Are Considered Taxable?

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs. So, medical, life and disability insurance and retirement plans. Core benefits are defined as those given to every employee.

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How to Design an Employee Benefits Program Effectively

Empuls

They are designed to help employees manage their health and well-being, and typically include health insurance, disability insurance, and wellness programs. In addition, employees have access to on-site childcare, transportation benefits, and free legal and financial advice.