Benefit Resource Inc.

JANUARY 4, 2024

After much consideration, you’ve made the wise decision to enroll in a pre-tax benefit plan. Benefits Card: If you have a debit card associated with your account, you can swipe it at the point of sale for instant access to funds for eligible items or services. What expenses and merchants are eligible?

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Flexible Spending Account Flexible Spending Taxes Utilities 96

Business Management Daily

APRIL 25, 2024

Employers are required by law to provide certain benefits to employees. Beyond that, however, fringe benefits can help employers sweeten the deal and make work a better place to be. The difference between fringe benefits and required benefits lies in whether or not a given company is required by law to provide them.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

Workplace Insight

APRIL 2, 2024

Employers should look to offer as wide a range of support as possible and make it easily accessible from the workplace, and remotely, and we’re seeing more employers using employee benefit platforms to help with this. Employee benefits and support will need to remain flexible and adaptable to both scenarios.

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Work From Home Transportation Employment Employee Benefits 105

Benefit Resource Inc.

FEBRUARY 9, 2023

If you use mass transit for work and you are enrolled in a pre-tax Commuter Benefits Plan (CBP) through your place of employment, you’ll want to be aware of what you can (and can’t) purchase with your CBP funds. More experienced folks can skip down to the section What is eligible under Mass Transit?

Transportation 98

Transportation Taxes Deductions Deductible 98

Benefit Resource Inc.

MAY 19, 2022

Commuter Benefits help employees with a variety of work-related travel expenses, but what about transportation items that don’t fall under a commuter benefit plan? BRI works with employers to create a benefits plan that is tailored specifically for the needs and passions of employees. Who can enroll?

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Transportation Employment IT 98

Higginbotham

AUGUST 15, 2023

As employers look for new additions to their standard benefits package in order to attract top workers, they usually focus on common pain points. The daily commute is a prime example. Commuting to and from work each day eats up both time and money, making a commuter benefits program an attractive perk.

Transportation 52

Transportation Benefits Package Taxes Deductions 52

Benefit Resource Inc.

MARCH 2, 2023

With the pandemic seemingly coming to an end, many employers are beginning to consider bringing back their commuting options. It’s no secret that commuting can be a drag. But what if there was a way to make commuting less of a burden? There is—and it’s called commuter benefits. Absolutely!

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Taxes Transportation Work From Home Payroll 52

Benefit Resource Inc.

JUNE 22, 2023

As the school year comes to a close for many across the country, it might be time for all of us to review what we have learned and consider the ABC’s of Commuter Benefits. B efore tax elections allow you to set aside funds on a pre-tax basis for commuting expenses. Let’s be serious. T axes are everywhere.

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Taxes Employment IT 52

Benefit Resource Inc.

APRIL 7, 2023

Since April is Stress Awareness Month, we’ve highlighted five pre-tax benefit services and resources to keep your stress levels low and your health levels high. Savings If you have a pre-tax benefit account like a Flexible Spending Account , Health Savings Account , or Commuter Benefit Account , you’re already ahead of the game.

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Taxes Flexible Spending Account Health Savings Account Flexible Spending 98

Achievers

OCTOBER 13, 2022

You know what it feels like to be happy, but what does it look like across an entire workforce? If you’re ready to realize the benefits of happy employees at your company, here are seven actionable ways to get started. Today many commutes are measured in terms of steps instead of miles. Prioritize work-life balance.

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Employee Recognition Commissions Employee Incentives Education 229

Employee Benefits

JUNE 20, 2023

The Covid-19 pandemic saw many employees work from home, resulting in the number of people commuting dropping dramatically. So what does this look like? In addition, an online Employee Benefits poll published in May 2022 found that 53% of employers currently offer their employees an electric vehicle salary sacrifice scheme.

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Salary Transportation Taxes Work From Home 105

Workplace Insight

NOVEMBER 10, 2022

The argument about what it takes to encourage people to come into the office more often seems to have boiled down to an equation. It’s now common to hear somebody argue that the office has to be worth the commute it takes to get to it. Office and commute are variables. percent, while the top 15 commuting zones average 28.0

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Work From Home Transportation Engineering Education 98

Employee Benefits

JUNE 7, 2023

The Covid-19 pandemic and cost-of-living crisis have changed which benefits employees value the most and what employers offer. But what does this mean in today’s labour market? The cost-of-living crisis began to take hold in late 2021 and it is evident it has played a major role in the benefits requested by staff in 2023.

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Employment IT Work From Home Take Home Pay 105

Workplace Insight

MARCH 10, 2023

Research among more than 2,000 hybrid workers by IWG suggests that the time saved by reduced commuting has led to multiple health and wellbeing benefits including weight loss, better cooking habits, improved mental health and a longer night’s sleep. The average hybrid worker is now getting 4.7 hours of exercise a week, compared to 3.4

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Management IT 98

Employee Benefits

AUGUST 15, 2023

Employee Benefits poll: One-third (35%) of organisations do not think that the recent Employment Relations ( Flexible Working ) Bill goes far enough to support working carers, according to a survey of Employee Benefits readers.

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Government Employee Benefits Employment IT 98

Employee Benefits

JANUARY 3, 2024

However, the definition of employee wellbeing is continually evolving and an employer’s benefits and motivation strategy must now factor in cost-of-living pressures and the increasing need for personal development. Even an extra day a week of commuting to work has financial implications that further squeeze family finances.

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Net Pay Salary Finance Recruitment 119

Achievers

JUNE 4, 2020

With this change happening so fast, it’s time to consider how attracting and recruiting top talent changes, and what we can do about it. With this change happening so fast, it’s time to consider how attracting and recruiting top talent changes, and what we can do about it. Below are my top tips for recruiting remote workers: 1.

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HR Lineup

JANUARY 15, 2024

In this article, we’ll explore the nuances of the hybrid work model and remote work, weighing the advantages and disadvantages of each to help individuals and organizations determine what works best for them. Environmental Impact: Reduced commuting translates to a lower carbon footprint, contributing to environmental sustainability.

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Work From Home Technology Utilities Employee Wellness 73

Employee Benefits

JANUARY 24, 2022

Nevertheless, the emergence of hybrid working has led some employers to question whether pay should be adjusted to accommodate for the reduction in commuting time and costs. Employee benefits provider Santé Group has yet to see any signs of this trend among its clients. Practical challenges. Location-specific pay.

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Overtime Recruitment Salary Benefit Providers 124

Employee Benefits

SEPTEMBER 6, 2023

What are bikes-for-work schemes? It was introduced in the 1999 Finance Act to encourage employers to loan bicycles and cycling safety equipment to employees as a tax-exempt benefit to encourage more people to cycle to work. What are the cost implications? What are the cost implications?

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Gross Pay Net Pay Taxes Deductions 59

Workplace Insight

FEBRUARY 28, 2024

Commuting five days a week to attend an office is no longer the norm and on the whole is no longer demanded – rather, we have seen organisations adopt hybrid working. Life after COVID has led to a significant change in the way that people view a workplace. Working from home on a regular basis has become typical, not ad hoc or as required.

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Work From Home Technology IT 93

Employee Benefits

JANUARY 22, 2024

Here are 5 benefits to engage your Gen Z workforce H1; The Five Benefits That Gen Z Want in the Workplace Gen Z will comprise a third of the workforce within the next few years. So what benefits must companies adopt in order to attract and retain this new generation of talented employees? out of 10.

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Benefit Resource Inc.

MARCH 23, 2022

Tracing Trends in Commuter Benefits. A Commuter Benefit Plan (CBP) is a great way to help employees save on commuting expenses. These funds can be contributed by employees and/or employers to pay for certain workplace commuting expenses, including mass transit and parking, on a pre-tax basis.

Transportation 52

Transportation Taxes Employment 52

Benefit Resource Inc.

APRIL 8, 2022

The world seems like it’s returning to what was in 2019. The world seems like it’s returning to what was in 2019. Waking up at the crack of dawn to go back to the office can feel almost impossible after the short commute down your hallway. …and let’s not forget about the importance of following the dress code.

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Healthcare Taxes Management IT 98

Benefit Resource Inc.

DECEMBER 16, 2020

As the year comes to a close, employees and employers alike might be left wondering what to expect from commuting in 2021. What will the effect be on mass transit systems and parking services, which have already seen major hits in metropolitan areas? For those who are planning to commute in 2021, what should they expect?

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Retail Technology Employment Management 76

Employee Benefits

MAY 15, 2024

What impacts one is often felt by the other. Another element of self-awareness is discovering what helps us reduce our stress levels. During the podcast , Debbie and Bhupinder (Bhups) share what helps them beat stress. Wellbeing is personal… encourage employees to explore what wellbeing activities best suit them.

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Retail Education Employee Benefits IT 52

WEX Inc.

FEBRUARY 23, 2023

And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. We’ve compiled some tips to help you if you participate in a WEX benefits plan. Having your employee benefits anytime you need them isn’t just comforting. Contributions.

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WEX Inc.

SEPTEMBER 12, 2023

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” Considerations for choosing benefits When evaluating your options, consider your personal circumstances, health status, and financial situation.

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Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

Employee Benefits

JULY 21, 2023

The government has also removed existing requirements for an employee to explain what effect, if any, the change applied for would have on the employer and how that might be dealt with. It also covers where someone works, such as from home or a satellite office in order to shorten their commute.

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Government Employment Employee Benefits Taxes 97

Workplace Insight

JULY 26, 2023

A poll of 3,000 workers in Europe and North America from Insights Learning & Development claims that managers of hybrid working teams see multiple benefits to a new working arrangement. In terms of personal benefits, 47 percent feel they have more time due to less commuting.

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Work From Home Management IT 97

Enjoy Benefits

AUGUST 10, 2023

The Cycle to Work Scheme is one of the most popular employee benefits in the UK. Employers can save nearly half of the cost of a bicycle and equipment, while employers benefit from National Insurance savings too. What is Cycle September? How can people get involved? Can I buy an e-bike on the Cycle Scheme?

Transportation 52

Transportation Government Insurance Employment 52

HR Digest

OCTOBER 22, 2023

No one is ever upset when the HR team at their new company mentions any kind of benefits but unfamiliar terms are always unnerving. So what are some fringe benefits then? What does “fringe benefit” mean? What Are Some Examples of Fringe Benefits?

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Workplace Insight

FEBRUARY 19, 2024

Working from home offers a host of benefits: flexible hours, avoiding the commute, and the comfort of your own pyjamas (within reason, of course). That’s just a false economy because it won’t offer what you need and you’ll be replacing it far sooner than a well-made, well-priced chair. Find a well-priced chair.

Work From Home 105

Work From Home Health Employment Management 105

AssuredPartners

SEPTEMBER 12, 2022

Employers in Philadelphia should review their existing commuter benefit programs for Compliance with a new City Ordinance. An employer-paid benefit that supplies a fare-instrument for a covered employee’s mass transit expense; or. What if we aren’t headquartered in Philadelphia? 2022 Benefit Limits.

Employment 52

Employment Deductions Deductible Transportation 52

Enjoy Benefits

MARCH 18, 2024

The outstanding value of staff benefits is that they recognise your team as people rather than workers. Many of our benefits are meant to give employees added support around particular times of life, such as parenthood, or specific events like experiences of poor health. Find out more about the Holiday Exchange benefit.

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Finance Transportation Retail Employee Benefits 52

HR Digest

MAY 29, 2023

As an employer one needs to understand what fringe benefits are. Fringe benefits are the additional compensation that companies offer to an employee, over and above the salary for doing a particular work. The importance of fringe benefits can be explained, simply put as a great motivators.

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Enjoy Benefits

DECEMBER 1, 2021

But what if your job doesn’t allow you to start your morning with an online yoga class followed by freshly brewed coffee in the garden office? How are you going to stop your daily commute from being the death of you? Rethink your commute . What is active commuting? The benefits of cycling to work.

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Transportation Employee Benefits Employment IT 52