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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. How does disability insurance coverage work?

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Employee Benefits: A Key Part of Job Compensation

Money Talk

health insurance) ¨ improve employee morale (e.g., paid vacation) ¨ increase productivity (e.g., flexible work hours) Below is a description of ten common employee benefits and benefit-like policies in the current labor market: Paid Vacation- This is one of the most common employee benefits.

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Fifteen Warning Signs of Workers’ Comp Fraud

InterWest Insurance Services

Workers’ compensation fraud costs the insurance industry roughly $5 billion each year, according to estimates by the National Insurance Crime Bureau. This type of fraud is typically associated with malingering employees who fake injuries in order to collect compensation and some paid vacation time. Late reporting.

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Why the US Has Been Ranked as One of the Worst Countries for Workers’ Rights

Global People Strategist

Paid Vacations. According to the Center for Economic and Policy Research , the United States is the only developed nation in the world that does not guarantee paid vacations to its workforce. Why has the US ranked as one of the worst countries for workers’ rights?

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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

Some of the mandatory fringe benefits that employers are required to provide: Health insurance The health care plans cover visits to primary care physicians, specialist doctors, and emergency care. Anything less than 50 full time employees , does not warrant mandatory provision of health insurance under the ACA.

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Exploring Medical Leave Laws in America: What You Need to Know

HR Digest

One option is to explore short-term disability insurance, which provides benefits for a limited time period to cover the loss of income due to illness or injury. Many European countries also offer paid parental leave and paid sick leave.

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Compensation Plan Template Samples For Workers

HR Digest

The workers are offered paid vacation and leave for 5 days in a year. Health Insurance: The workers will be entitled to enroll with the comprehensive health plan which will help them overcome the future financial assistance that may arise due to an unknown event or accident that harms their health or body.