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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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5 Benefits to Help Employees Cope with Inflation

Best Money Moves

According to the AARP, 39% of employees have nothing saved for emergencies and 20% have nothing in their retirement accounts. A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Accident insurance helps employees pay for the medical and out-of-pocket costs that you may incur after an accidental injury. Retirement. Medical Insurance.

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Top 3 Mistakes Fast Growing Businesses Make

Insperity

Mistake 2: Not offering quality benefits (or controlling its costs). Health care and retirement plans are now a common incentive and any growing business not offering these benefits are at a major disadvantage,” says Sorrells. Typically, companies with more employees receive lower rates on their group plan.

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Employee benefits for small businesses

Higginbotham

Health insurance plans typically do not include coverage for dental care or vision care, although pediatric dental care may be included. This can leave workers with many out-of-pocket costs. Vision Center says that standard glasses usually cost up to $600, and that’s without name brand frames. Retirement Plans.