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Employee Benefits: Types, Cost & Examples

HR Digest

But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters. 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. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Disability.

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Total compensation package examples

Higginbotham

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

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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. Non-medical benefits have expanded to include financial wellness and long-term planning, such as retirement accounts, as well as other remarkable perks.

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

Group-term life insurance coverage. Retirement planning services. Transportation (commuting) benefits. Some examples are retirement benefits, child care, health insurance, employee rewards, disability insurance, etc. Employee stock options. Employer-provided cell phones. Tuition reduction.

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What employees expect from benefits packages

Business Management Daily

Employee benefits plans commonly include worker’s compensation and disability insurance to ensure a sick or injured employee receives at least a portion of his regular pay until able to return to work. Retirement plans. Large and small businesses alike benefit from sponsoring plans such as 401(K)s and Simple IRAs.

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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. Retirement benefits Retirement benefits include pensions, 401(k)s, and other retirement savings plans.