Tag: employee benefits
The pace of health care cost inflation has remained moderate over the past year or so, and employers are trying to keep it that way. In response, many businesses aren’t seeking immediate cost-cutting measures or asking employees to shoulder more … Read More »
Business Briefs. Comments Off on Should your health care plan be more future-focused?
Protecting your company through the purchase of various forms of insurance is a risk-management necessity. But just because you must buy coverage doesn’t mean you can’t manage the cost of doing so.
Obviously, the safer your workplace, the less likely you’ll … Read More »
Business Briefs. Comments Off on Reduce insurance costs by encouraging employee wellness
In today’s tightening job market, to attract and retain the best employees, small businesses need to offer not only competitive pay, but also appealing fringe benefits. Benefits that are tax-free are especially attractive to employees. Let’s take a quick look … Read More »
If you’ve done any research into employee benefits for your business recently, you may have come across a bit of alphabet soup in the form of “HSA + HDHP.” Although perhaps initially confusing, this formula represents an increasingly popular model for … Read More »
Business Briefs. Comments Off on HSA + HDHP can be a winning health benefits formula
Many companies offer health care benefits to help ensure employee wellness and compete for better job candidates. And the Affordable Care Act has been using both carrots and sticks (depending on employer size) to encourage businesses to offer health coverage.
If … Read More »
Business owners have to make tough choices when it comes to providing benefits to their employees. Many companies, especially newer or smaller ones, may understandably prioritize flexibility. No one wants to get locked into a benefits offering that’s cumbersome to … Read More »
Providing a strong package of benefits is a competitive imperative in today’s business world. Like many employers, you’ve probably worked hard to put together a solid menu of offerings to your staff. Unfortunately, many employees don’t perceive the full value … Read More »
The internal revenue code allows some worthwhile tax breaks for transportation-related employee fringe benefits. They are intended to persuade you to give up your gas-guzzling vehicle when commuting to work and instead “go green.” If your employer offers these tax-favored … Read More »
Timely Articles. Comments Off on Save Taxes with Employer-Provided Transportation Fringe Benefits
When you add them all up, employee benefits can easily equate to 30% or even 40% of total compensation. Chances are, your workers do not know that, but they should.
The International Foundation of Employee Benefit Plans recently asked its members … Read More »
Timely Articles. Comments Off on Do Your Employees Value the Benefits You Offer?
Health Savings Accounts (HSAs) were created as a tax-favored framework to provide health care benefits mainly for small to midsize businesses and the self-employed. So, assuming your company falls into one of these categories, have you considered the strategy of … Read More »
Business Briefs. Comments Off on HSA + HDHP = Your ideal benefits strategy?