Remove Family and Medical Leave Act Remove Insurance Remove Life Insurance Remove Paid Vacation
article thumbnail

The importance of disability insurance

Higginbotham

It’s a real risk, and it’s why anyone who depends on a paycheck needs to understand the importance of disability insurance. If you had a one-in-four chance of losing your house to a flood , you’d probably want to protect it with flood insurance. The FMLA doesn’t guarantee paid leave. Why is disability coverage important?

article thumbnail

Importance of Employee Benefits in the Workplace

HR Digest

These benefits are regulated by the state laws and these usually include: Unemployment Insurance . Family and Medical Leave . Disability Insurance . There are also other workplace benefits such as health insurance, paid vacation, life insurance, and retirement benefits.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What employees expect from benefits packages

Business Management Daily

Someone definitely could view an employee benefits package that lacks health insurance or paid sick days as a reason to not accept an offer of employment. To aid in the decision-making process, though, here’s a closer look at various types of employee benefits : Health insurance. According to the Affordable Care Act (ACA), U.S.

article thumbnail

Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

Let’s glimpse at some of the factors that act as determinants while devising a perks program- The organizational structure. Health Insurance: Over 80% of employees over 42 want jobs that involve employer-provided healthcare ( Forbes Advisor ). The number shows the critical importance of healthcare in an employee's life.

article thumbnail

The Laws Every HR Manager Needs to Know

Hppy

Given that HR managers are responsible for coordinating employees’ pay, they should all be familiar with the Fair Labor Standards Act (FLSA), which is the main statute outlining the following: National minimum wage. Under this act, employees are entitled to: 12 weeks of leave within a 12-month period in an eligible circumstance (i.e.