Employee Benefits

JANUARY 31, 2024

The living pension accreditation, which was launched in March 2023, is a voluntary savings target for employers and aims to support lower-paid employees who are not saving enough into their pension pots each year to prevent poverty and meet basic needs in retirement. Pensions law firm Sacker and Partners has become a living pension employer.

Pension 59

Pension Employment Salary Medical 59

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. You can use the following list as a general guidepost if you are considering adding voluntary benefits to your employee offerings. Emergency savings. Sabbatical leave.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

Griffin Benefits

FEBRUARY 3, 2023

Private medical, dental, and life insurance averages less than $1,500 (U.S.) 1 In Canada, where the government covers most medical costs, many employers only offer insurance coverage for dental, prescription drug, ambulatory services, and other medical needs. For voluntary benefits, focus on the basics.

Voluntary Benefits 72

Voluntary Benefits Employment Management Life Insurance 72

InterWest Insurance Services

FEBRUARY 9, 2023

While their health insurance will cover their medical expenses, it won’t cover the cost of living while they recover. Only 30% of American workers in private industry currently have access to employer-sponsored long-term disability insurance coverage, according to the U.S. Bureau of Labor Statistics.

Disability Insurance 90

Disability Insurance Voluntary Benefits Insurance Benefits Package 90

Higginbotham

MAY 4, 2023

What is supplemental life insurance? It’s a type of life insurance policy that’s often available through work and provides additional coverage. What is supplemental life insurance? Supplemental life insurance fills in coverage gaps and provides additional life insurance coverage.

Life Insurance 52

Life Insurance Benefits Package Insurance Employee Benefits 52

HR Digest

MAY 21, 2023

From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. What do you want to achieve with the employee benefit package 2. Health insurance Those benefits provide a baseline of employee expectations. Health insurance 2. Payroll taxes 2.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

Employee Benefits

SEPTEMBER 20, 2023

Nothing in life is certain, and being diagnosed with a critical illness such as a heart attack or cancer is a reality that many individuals have to face. Having access to critical illness insurance cover provided by their employer helps to alleviate some of the financial worry in the event that they become too sick to work.

Insurance 52

Insurance Taxes Medical Pension 52

Employee Benefits

OCTOBER 6, 2023

Its Organisational and career wellbeing strategy , which polled employers across various industries on key trends and sentiments toward employee benefits and engagement, also found that flexible benefits have increased sharply compared to 2022, while private medical insurance usage has increased by 15%, with 52% of respondents now offering this.

Benefits Package 59

Benefits Package Employment Voluntary Benefits Consulting 59

Empuls

DECEMBER 18, 2023

The insurance sector is a dynamic and competitive industry that relies heavily on skilled professionals to serve clients, assess risk, and make informed decisions. Employee retention is a critical factor in the success of insurance companies.  However, there's no need to worry. 

Employee Retention 40

Employee Retention Insurance Employee Incentives Retirement Plan 40

Higginbotham

JANUARY 4, 2022

Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. For life insurance claims, the claim would go directly to the policy’s beneficiary.

Health Insurance 52

Health Insurance Insurance Disability Insurance Life Insurance 52

Genesis HR Solutions

JANUARY 24, 2023

So what should be included in an employee handbook? Just how important is an employee handbook? It wouldn’t be an exaggeration to say that, actual employees aside, it may be the most important part of your organization. But simply having an employee handbook is not enough. Click To Tweet Must-Have Items For Every Employee Handbook 1.

Family and Medical Leave Act 98

Family and Medical Leave Act Overtime Parental Leave Health and Welfare 98

Higginbotham

DECEMBER 8, 2023

What is a Premium Only Plan? With a POP plan, employees can use their pre-tax compensation to buy a group insurance plan or other qualifying benefit. Some benefits offered by employers may not count as qualified benefits under these regulations, such as Archer Medical Savings Accounts and long-term care insurance.

Deductions 52

Deductions Deductible Taxes Payroll 52

Higginbotham

MARCH 2, 2023

Workers’ compensation and disability insurance are two different types of programs that can provide benefits. Learn about the differences between workers’ compensation vs disability insurance and why your workers may need access to both. What are workers’ compensation benefits? What are disability insurance benefits?

Disability Insurance 52

Disability Insurance Workers’ Compensation Insurance Benefits Package 52

Employee Benefits

APRIL 10, 2024

This also makes it easier to determine what they would value from their employment.” First impressions Although they might only be on the books for a matter of weeks, there are rules around what is offered to seasonal workers. Think about what might be a challenge for workers,” adds Witte. “This is attractive.”

Benefits Package 59

Benefits Package Retail Hospitality Manufacturing 59

Employee Benefits

OCTOBER 18, 2023

Instead, they are making the most of what they already have, and thinking outside the box about inexpensive benefits that they could offer. Telling stories is one great way to bring benefits to life. They should think creatively about what employees would appreciate. . So what can they do? Time is also currency.

Employment 59

Employment Benefit Providers Salary Voluntary Benefits 59

Higginbotham

AUGUST 12, 2022

What are the benefits of employee retention? This leads to the question – what are employees looking for in a new job? The right benefits can also support work-life balance and wellbeing, another key employee priority. High employee turnover is a problem for many companies, and it can have a wide range of negative effects.

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Griffin Benefits

MARCH 16, 2022

When 56% of student loan borrowers say they’d take a punch in the face from heavyweight boxing legend Mike Tyson and 40% would take one year off their life expectancy if it meant they’d be relieved of student debt , it probably means the public is under financial stress. 2) One size doesn’t fit all.

Flexible Spending Account 86

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 86

Genesis HR Solutions

JUNE 29, 2023

For those employers who recognize the need to establish or improve their employee mental health programs, it can be intimidating to figure out what you should be offering. Work-life balance is essential to mental health. Encourage work-life balance in your employees, and lead by example by doing the same thing in your life!

Voluntary Benefits 52

Voluntary Benefits Insurance Health Insurance Hospitality 52

HR Professionals Magazine

MAY 4, 2023

A 2022 Harris poll found that 72% of employees said “they wish someone would tell them what the best health insurance for their unique situation is.” Taking it a step further, virtual assistants can also drive users to underutilized benefits, such as telemedicine, when an employee asks a question like “what is my emergency room copay?”

Technology 52

Technology Utilities Payroll Deductions 52

Employee Benefits

AUGUST 8, 2023

As an employer, it’s your responsibility to contribute at least 8% towards an employee’s pension every month, typically split as: 3% from the employer 5% deducted from the employee’s pre-tax salary Paid Leave for Maternity, Paternity, and Adoption Paid leave for these life events is another statutory requirement.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

CorpStrat

MARCH 2, 2022

Can you show a new prospective employee what your offerings are, easily and digitally? Can you show a new prospective employee what your offerings are, easily and digitally? Beyond medical insurance, employees should be able to easily access the status of and information about their PTO hours, 401K, and remote work options.

Benefits Package 52

Benefits Package PTO 401(k) Disability Insurance 52

Higginbotham

DECEMBER 30, 2021

Work-life balance has also become a key issue, especially for many of the working parents who have had to juggle caregiving responsibilities with job responsibilities. Health insurance. You need to get it just right, and a compensation and benefits review can help. The Talent War Is Heating Up. million people quit in August 2021.

Benefits Package 52

Benefits Package Disability Insurance Insurance Parental Leave 52

Empuls

SEPTEMBER 28, 2023

Wondering what kind of benefits are offered to employees in the UK? The mandatory employee benefits in the UK include the following aspects: Pension: Contributed both by the employer and the employee (minimum 8 percent with atleast 3 percent by the employer) Healthcare insurance: Backed by NHS and is contributed by the employer.

Employee Benefits 40

Employee Benefits Pension Benefits Package Mandatory Benefits 40

Insperity

FEBRUARY 11, 2021

Depending on what state you’re in, these rules could vary to include daily overtime or other pay premiums. Starting or acquiring a business is a rewarding experience, and your employees would likely agree. The reward they’re thinking of, however, is a steady paycheck. Let’s walk through the 10 steps you need to take to get started.

Payroll 101

Payroll Overtime Deductions Deductible 101

Flimp Communications

NOVEMBER 15, 2019

What employees want when determining their healthcare options doesn’t always match what employers think they want. That observation is backed up by a 2015 study from the Life Insurance Marketing and Research Association. What’s the biggest shift in this arena? What Are Decision-Support Tools and How Can They Help?

Health Insurance 42

Health Insurance Out of Pocket Cost Healthcare Benefits Package 42

Business Management Daily

APRIL 25, 2023

Flexible work hours are another common demand from modern employees, as they want more control over their schedules for a better work-life balance. Why has finding and holding onto talented employees become so complicated? There are a few reasons why, including the significant changes to employee expectations during the pandemic.

Salary 105

Salary Benefits Package Recruitment PTO 105

Business Management Daily

DECEMBER 1, 2019

What’s up with this math? WHAT THE IRS SAYS: The IRS doesn’t vary the withholding tables to account for any extra pay period, but you may want to build the extra pay period into your computer formula. Savings bonds, United Way, creditor and child support garnishments, deductions for other outside groups and other voluntary deductions.

Payroll 83

Payroll 401(k) Deductions Deductible 83

Empuls

APRIL 28, 2023

What are employee benefits? These benefits can come in various forms, such as health insurance, retirement plans, paid time off, bonuses, employee discounts, tuition reimbursement, and more. Attracting and retaining top talent is more important than ever.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40

Business Management Daily

MAY 2, 2023

They are the Americans with Disabilities Act (ADA) and the Health Insurance Portability and Accountability Act (HIPAA). Employers can share employee medical records with a state workers’ compensation office to evaluate claims for insurance purposes. What qualifies as a designated employee representative?

Medical 52

Medical Family and Medical Leave Act Mining Healthcare 52

Business Management Daily

MAY 2, 2023

They are the Americans with Disabilities Act (ADA) and the Health Insurance Portability and Accountability Act (HIPAA). Employers can share employee medical records with a state workers’ compensation office to evaluate claims for insurance purposes. What qualifies as a designated employee representative?

Medical 52

Medical Family and Medical Leave Act Mining Healthcare 52

AssuredPartners

DECEMBER 15, 2021

Murphy has inserted himself into your life and you have received a call your aircraft has been involved in an accident. Here’s some insight into the right moves to make and what to expect from an insurance perspective. Everyone immediately exits the aircraft. Two passengers received non-critical injuries.

Insurance 40

Insurance Medical Employment IT 40

Business Management Daily

SEPTEMBER 19, 2022

“You are still performing your duties, but you are no longer subscribing to the hustle culture mentality that work has to be our life.”. From there, the concept took on a life of its own — and not just among his Gen Z and Millennial peers. What is quiet quitting? Doing what you are paid for, not more. Why not just quit?

IT 52

IT PTO Media Health Insurance 52

Corporate Synergies

AUGUST 26, 2019

Here’s how technology will change the insurance-buying process in the near future: Apps Will Push Value-based Care. This tech shift to shopping for benefits will bring with it the rise of platforms and app-based insurance. These points can contribute to a real-time insurance premium discount that she can easily view from an app.

Voluntary Benefits 45

Voluntary Benefits Health and Welfare Employment Healthcare 45

Corporate Synergies

FEBRUARY 11, 2019

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. The Baby Health Insurance Playbook isn’t really a book. As Seen In.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

AssuredPartners

OCTOBER 7, 2021

Often in life, we end up in situations entirely out of our control, as we all experienced this past year. Now, as employees are returning to their job sites in greater numbers and our days are starting to resemble more of what they were pre-pandemic, there are a whole new set of emotional challenges that many employees face.

Voluntary Benefits 75

Voluntary Benefits Health Insurance Engineering Health 75

AssuredPartners

MAY 28, 2021

In order to be eligible for the subsidy, an individual must have experienced an involuntary termination (aside from a termination for gross misconduct) or must have undergone a reduction in hours (either voluntary or involuntary).

Taxes 40

Taxes Insurance Health Insurance Government 40

Business Management Daily

JUNE 25, 2021

In some circumstances, you might find the termination is voluntary. Either way, once the termination is official, you can share what will take place moving forward so they’re clear about what to expect in the coming days and weeks. Information about continuing their health insurance through the COBRA program.

PTO 52

PTO Retirement Plan Insurance Life Insurance 52