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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

Parental leave This section in your handbook should spell out your policy on parental leave. For Massachusetts employers, this is a must-do; other states have similar requirements for parental leave statements as well. Life insurance: A life insurance policy is a contract with an insurance company.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

An employer can provide short-term disability or long-term disability insurance, depending on the employee's needs. Life Insurance Life insurance is another benefit that is an essential part of the benefits package. This deferred money generally is not taxed until it is distributed.

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What Are Fringe Benefits and Are They Taxable?

HR Digest

Paid time off (PTO) , travel reimbursement, tuition reimbursement, menstrual leave, and childcare assistance are some common types of fringe benefits. A report by T he Conference Board indicated that 86 percent of organizations maintain policies such as parental leave and well-being support.

401(k) 52
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Top 5 reasons to check your payslip

cipHR

It’s worth remembering that it’s an employee’s responsibility to check they’re on the right tax code, as it impacts how much tax they pay – whether it’s too much tax or too little. For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L.

Pension 98
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Your Guide to an Employee Perks Calculator

Empuls

That could be pretty standard benefits like health insurance, life insurance, and retirement savings plans. Are most of your workforce composed of parents? Then parental leave and flexible schedules might be a strong fit. We've got your complete guide to calculating employee perks right here for you.

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What employees expect from benefits packages

Business Management Daily

Organizations also frequently provide employees with free or low-cost life insurance. These allow employees to save for their golden years while enjoying tax benefits now. The employee saves money because this set-aside money is not taxed. Health Savings Accounts. Employers also may contribute to this sum.