article thumbnail

What is supplemental life insurance and how can it improve your employee benefits package?

Higginbotham

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

article thumbnail

Top 7 Employee Benefits and Incentives

Employee Benefits

Flexible Work Arrangements A healthy work-life balance is crucial for both employers and employees. A shift from the traditional 9-to-5 work routine to a more flexible work model enhances employee morale and productivity. The cost for employers to enable remote work is usually a provision of up to £30 per employee.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Do You Offer Group-term Life Insurance? Here’s What That Means for Taxes

Patriot Software

Company-sponsored life insurance is a pretty popular employee benefit. Eighty-five percent of organizations offer it, and 98% of employees with access to the benefit enroll. Thinking about offering group-term life insurance? Like any benefit, first understand employer tax responsibilities.

article thumbnail

Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Why Are Employee Benefits Important?

article thumbnail

I have group life insurance through work. Is it enough?

Take It Personel-ly

Employer-sponsored life insurance comes as a well-intentioned perk for loyal employees. Getting covered through work is a less expensive way to protect your family, especially when you need life insurance but haven’t shopped around for one yet. On the […].

article thumbnail

Risk Scores Impact Employee Benefit Costs

AssuredPartners

Over the past several years, we’ve seen unprecedented medical inflation, causing many employers to ask how to control benefit costs and increase productivity. After exhausting the supply side of healthcare through decreased benefits, spousal carve-outs, etc., employers seem to be running out of options.

article thumbnail

3 Ways to Improve Your Employee Benefits Communication

Best Money Moves

3 ways to improve your employee benefits communication. Use these 3 strategies to improve your employee benefits communication and help your team make the most of your benefits offerings. Even the most robust employee benefits programs can fall flat without clear communication.