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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Besides the fact that your employees use money that hasn’t been taxed to pay for these benefits, the payroll deductions for them also reduce their taxable income while raising take-home pay.

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What can benefits technology tell an employer about its workforce?

Employee Benefits

Mark Pemberthy, benefits consultant at Buck, explains: “These will also generate management information, often anonymised, that can help an employer understand the needs of its workforce. Benefits professionals should also look to HR technology, bringing in data from employee surveys, payroll and offboarding for deeper insight.”