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4 considerations when choosing employee benefits for the first time

WEX Inc.

Understanding HSAs The number of health savings accounts (HSAs) has doubled nationwide in the last seven years , as more Americans turn to these accounts as a way to save on healthcare costs and prepare for retirement. It ensures that your pets receive the care they need without straining your finances.

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Investing in employee mental health benefits

Higginbotham

Other services that may be offered under an employee assistance program, such as legal aid and childcare assistance, may also have a positive impact on mental health and stress levels. By helping employees take charge of their finances, employers can also support improved mental well-being.

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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

So you must plan in advance, getting all the appropriate departments—HR, Accounting, Finance, IT and the C-suite—on board. Savings bonds, United Way, creditor and child support garnishments, deductions for other outside groups and other voluntary deductions. Three problems arise.

Payroll 83
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Pandemic to trigger health benefit cost hike next year

Business Management Daily

More interest in life insurance benefits led the way, cited by 27% of those surveyed. Dental insurance is getting a fresh look, too, cited by 24% of employees. Other benefits sparking renewed interest include pre-tax health savings accounts, vision insurance and access to financial planning tools.

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Employee benefits for small businesses

Higginbotham

Disability Insurance and Life Insurance. Health insurance is a key element of any employee benefits package, but small business owners should consider offering other benefits as well. Life insurance is a popular choice. Disability insurance is another popular option.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Other types of insurance If an employee loses their ability to earn an income on a temporary or permanent basis, certain types of insurance can help protect their families and livelihoods. Disability insurance , provides employees with replacement income and pays for medical bills if they become disabled and are no longer able to work.