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Tips to refine your OE communication strategy and availability

WEX Inc.

Employees are often more focused on frequently used benefits such as vacation and paid off policies (PTO) rather than insurance, voluntary benefits and retirement plans. Benefits are also not top of mind for many employees. However, they’re most likely not communicated any differently than other benefit offerings.

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Examples of fringe benefits by category

Business Management Daily

Fringe benefits generally cover needs such as: Health and wellness Retirement planning Time off and vacation Financial offerings Work-life balance Company-sponsored fixtures and events Professional development Let’s take a look at what’s included in each category. However, there are a few categories into which they usually fall.

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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. Also, make sure your employee benefits package isn’t kept secret.

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What employees expect from benefits packages

Business Management Daily

Rather, their employee benefits package puts them together under PTO (paid time off). It also enables an employee to take mental health days without the need to go into reasons for the absence. Generous PTO certainly can excite prospective candidates and existing employees. Retirement plans.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

  Offer alternative healthcare plans , such as high-deductible health plans (HDHPs) paired with health savings accounts (HSAs). These plans often provide employees with more control over their healthcare expenses and offer tax advantages.

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What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Health, dental, and vision insurance. Health Savings Accounts (HSA). Educational assistance.

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Choosing a high-deductible plan may help you pay less in premiums, but requires your employees to cover more of their costs out of pocket. However, some businesses offset this cost to their employees by contributing money to health savings accounts. Aim for a plan that covers at least 60 percent of employees’ salaries.

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