Empuls

SEPTEMBER 28, 2023

Employee benefits in the UK aren't just a nice-to-have; they're a strategic tool in the modern business arsenal. Employee benefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction.

Employee Benefits 40

Employee Benefits Pension Benefits Package Mandatory Benefits 40

WEX Inc.

MAY 8, 2024

Finally, continuous support is essential throughout the year to ensure employees understand and optimize their benefits. But what incentives resonate most with employees? Voluntary benefits have been trending, offering employees greater control over their benefits package.

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52

Empuls

FEBRUARY 26, 2024

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future. These plans often provide employees with more control over their healthcare expenses and offer tax advantages.

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Retirement Plan 40

Employee Benefits

OCTOBER 6, 2023

The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher. Voluntary benefits such as bikes-for-work schemes have increased to 75% from 73% in 2022, while gym memberships rose to 45% from 34%.

Benefits Package 59

Benefits Package Employment Voluntary Benefits Consulting 59

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 76

Flexible Spending Account 401(k) Flexible Spending Deductions 76

CorpStrat

DECEMBER 3, 2021

Be sure to clearly explain the deductions that employees will make from their paychecks. How frequently it will happen and that they’re pre-tax so they know they’re getting more bang for their buck. Offer Voluntary Benefits. Reach out to us at 818.377.7260 or marketing@corpstrat.com.

Voluntary Benefits 98

Voluntary Benefits 401(k) Benefits Package Deductions 98

WEX Inc.

APRIL 4, 2023

A ben admin provider that prioritizes benefits education should offer personalized benefits guidance, from medical plan selection and HSA contribution to voluntary benefits and others. Benefits personalization helps employees arrive at wise, confident choices and reduces the financial impact to your company.

Voluntary Benefits 98

Voluntary Benefits Taxes Education Consulting 98

Employee Benefits

DECEMBER 7, 2023

Workplace benefits and savings are more vital than ever as the number of employers offering pay rises, in line or above inflation, is set to reduce. Additionally, schemes to help employees reduce costs that are set to remain in place include salary sacrifice plans (94%), and product discounts and/or voluntary benefits (92%).

Voluntary Benefits 52

Voluntary Benefits Finance Education Taxes 52

Higginbotham

JANUARY 27, 2023

Employees don’t work for free. They want to be fairly compensated for their work, and that usually involves both wages and employee benefits. Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 52

Employee Benefits

AUGUST 8, 2023

While some of these benefits can be discretionary, there are a few that UK businesses, irrespective of their scale, must provide. This piece sheds light on the indispensable employee benefits in accordance with UK regulations. Which employee benefits are required by law? Yet, some benefits are mandated by UK law.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

AssuredPartners

MAY 9, 2019

This employer-provided voluntary benefits program allows employees to effectively reduce their monthly commuting or transit costs. In 2019, the monthly limit is $265 for any commuter benefit or transit pass.

Employee Benefits 40

Employee Benefits Transportation Taxes Voluntary Benefits 40

Employee Benefits

MAY 6, 2024

Credit: Achira22/Shutterstock What are off-the-shelf voluntary benefits packages? Voluntary benefits are additional benefits that employers can offer to their employees alongside their salary. In turn, this increases employee engagement. Are there any tax or legal issues?

Voluntary Benefits 59

Voluntary Benefits Benefits Package Net Pay Retail 59

Enjoy Benefits

FEBRUARY 18, 2024

Employee Benefits in a Changing Landscape Because businesses need to stay agile in competitive markets, outsourcing important elements to experts makes good sense. At Enjoy Benefits, we are chosen by thousands of businesses around the UK to manage salary sacrifice benefits, voluntary benefits and employer support.

Voluntary Benefits 52

Voluntary Benefits Technology Salary Finance 52

Employee Benefits

FEBRUARY 28, 2023

Financial wellbeing support is integral to employers being able to meet their high-level HR objectives, according to research by The Reward & Employee Benefits Association (REBA) in association with WEALTH at work. Organisations are also funding a range of employee benefits to help employees’ money to stretch further.

Employment 52

Employment Voluntary Benefits Pension Education 52

Higginbotham

MARCH 2, 2023

Eligibility for Social Security Disability Insurance benefits is based on work history and payment of payroll taxes. Employers must also participate in the Social Security program via payroll taxes. What should you offer your employees? Higginbotham can help your put together an employee benefits package.

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Benefits Package 52

Higginbotham

AUGUST 12, 2022

Employees want better compensation, and this includes both salary and wages and the benefits package. Although employers can simply decide to introduce pay raises, benefits can be a more cost-effective approach, especially when the benefits in question come with tax advantages. Talk to employees who quit.

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Higginbotham

JANUARY 4, 2022

Ancillary benefits can also include benefits outside your medical insurance, such as dental, vision, life and disability insurance. Types of Ancillary Benefits. There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits. Benefits to Employers.

Health Insurance 52

Health Insurance Insurance Disability Insurance Life Insurance 52

Corporate Synergies

SEPTEMBER 10, 2018

Employers with multiple generations of workers must accommodate a wide range of health and welfare benefits needs. New laws (like the federal tax law) plus evolving regulations around benefits add more to HR’s already full plate. Keep New Benefit Options Simple. The same goes for voluntary benefits: keep them simple.

Health and Welfare 40

Health and Welfare Voluntary Benefits Flexible Spending Account Health Savings Account 40

WEX Inc.

MARCH 30, 2023

WEX voluntary benefits is an additional benefit that employers can offer at a discounted group rate, with employees either fully or partially paying for the benefits through a payroll deduction. It is not legal or tax advice. The information in this blog post is for educational purposes only.

Voluntary Benefits 52

Voluntary Benefits Taxes Deductions Deductible 52

PeopleStrategy

JULY 8, 2019

While the terminology related to healthcare and employee benefits may be second nature to HR professionals and benefits administrators, it is a good bet many of the terms are unknown or misunderstood by your employees.

Health Savings Account 82

Health Savings Account Deductions Deductible Healthcare 82

Corporate Synergies

JANUARY 2, 2019

While there will be continued focus on emerging health & welfare benefits trends and clarification on compliance requirements, the series of articles, webinars and live events will also focus on employee benefits as a business investment.

Education 40

Education Health and Welfare Voluntary Benefits Employment 40

Corporate Synergies

FEBRUARY 11, 2019

1 Many of them are still learning how to choose the right benefits each year so they get the coverage they need without overpaying or getting stuck with unexpected costs. It’s simple, practical benefits guidance. A flexible spending account (FSA), which can be used to cover childcare and medical costs tax-free. RELATED TOPICS.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Employee Benefits

OCTOBER 23, 2023

Many health cash plan providers offer value-added services with the schemes, which include access to a 24-hour a day seven days a week GP helpline, mental health support, employee assistance programmes, and retail and leisure discounts. Health cash plans are available as either an employee- or employer-paid benefit.

Voluntary Benefits 59

Voluntary Benefits Healthcare Taxes Retail 59

Best Money Moves

DECEMBER 13, 2022

While those eligible for student loan forgiveness will not have to pay federal income tax on the amount that is forgiven (which the IRS treats as a gift), more than a dozen states may impose state income tax on the forgiven amount. An estimated 37 million Americans out of 45 million who hold student loan debt may be eligible.

Finance 122

Finance Retirement Plan Healthcare Voluntary Benefits 122

Genesis HR Solutions

JULY 31, 2018

Because businesses of all size are finding it more necessary to gain efficiencies and manage appropriate taxing—and they don’t have the resources or expertise to do it alone. Businesses of all size are finding it more necessary to gain efficiencies and manage appropriate taxing—and they don’t have the resources or expertise to do it alone.

Payroll 40

Payroll Outsourcing Payroll IT Payroll System 40

Employee Benefits

APRIL 1, 2024

Employers should ensure that their benefits technology and chosen provider are able to support varying needs in multiple countries. With more employers looking to streamline their benefits offering to employees across the globe, how can technology help to offer a unified global benefits proposition?

Technology 104

Technology Health and Welfare Voluntary Benefits Payroll System 104

PeopleStrategy

SEPTEMBER 24, 2019

A full-service broker, PeopleStrategy works with clients to identify competitive benefits packages to meet the needs of employees, their families and the company’s financial obligations. Learn more at peoplestrategy.com. Follow PeopleStrategy. . Contact Information.

Benefits Package 8

Benefits Package Comprehensive Benefits Healthcare Medical 8