article thumbnail

Pazcare

HR Lineup

In addition to health insurance and retirement savings plans, Pazcare also offers flexible spending accounts (FSAs). FSAs are pre-tax accounts that employees can use to pay for eligible healthcare expenses, such as medical bills or prescriptions. Pazcare also offers paid time off (PTO) and paid holidays to its employees.

401(k) 52
article thumbnail

10 steps to maintain end-of-year payroll compliance

Business Management Daily

Handle unused PTO and benefits. There are many PTO administration policies and methodologies. However, if your company does use the calendar year rather than the employee’s anniversary date for annual PTO limits, let employees know what will happen to unused PTO balances. How much can be rolled over to the next year?

Payroll 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to be an employer of choice – even in uncertain times

Insperity

Some companies solidify this value by: Providing employees with paid time off (PTO) to volunteer Matching employees’ eligible charitable donations Creating a fund for employees facing crisis or hardship. Nothing shows that you care for employees more than going the extra mile with the benefits you offer.

article thumbnail

What employees expect from benefits packages

Business Management Daily

Rather, their employee benefits package puts them together under PTO (paid time off). Generous PTO certainly can excite prospective candidates and existing employees. Some companies even construct unlimited PTO policies that allow employees to take as much time off as they want as long as doing so won’t disrupt the business.

article thumbnail

12 Ways to Improve Your Workforce’s Work-Life Balance

Achievers

If that’s not feasible, you may be able to join the 58 percent of smaller firms (and 83 percent of larger ones) who offer a dependent care flexible spending account. A study by TSheets found that 65 percent didn’t use all of their PTO in one year — five days, on average, were left unused.

article thumbnail

12 Ways to Improve Your Workforce’s Work-Life Balance

Achievers

If that’s not feasible, you may be able to join the 58 percent of smaller firms (and 83 percent of larger ones) who offer a dependent care flexible spending account. A study by TSheets found that 65 percent didn’t use all of their PTO in one year — five days, on average, were left unused.

article thumbnail

Hiring Trends To Be Aware Of In 2023

Genesis HR Solutions

My own company, GenesisHR, operates on a hybrid schedule, and I encourage all companies to consider implementing some type of flexible work arrangement based on employee roles, whether it’s fully remote, hybrid, or flexible. Offering unlimited PTO. Offering generous paid family leave.