Building a solid employee benefits package is one of the best ways to attract quality talent to your company. The more benefits you offer, the more likely it is good candidates will apply for an opening. A solid benefits package also keeps existing employees motivated and happy, making them more productive. The question is what should your benefits package include? You may have some of the more obvious benefits, such as bonuses, annual raises, and paid vacation time. However, ideas
Read Full Article HereSince its introduction in 2010, the Affordable Care Act (ACA) has made health insurance more accessible to millions of Americans. The passing of this act represented an overhaul of the healthcare system that employers had to adapt to. In 2016, the Employer Share Responsibility (ESR) provision of the ACA became active. This provision requires certain employers to provide a minimum standard of health insurance to their employees. Employers who must provide insurance are also subject to ACA filing requirements that
Read Full Article HereYou’ve already identified group health insurance as a good benefit to offer to your employees. With a group insurance policy, your workers don’t have to worry about paying their health premiums or dealing with prohibitive entry criteria. Instead, they’re automatically enrolled into the policy based on their employment. Employees get access to healthcare and benefit from having the insurance issue handled for them so they have less on their minds when working. At least, that’s the case for your
Read Full Article HereAs an employer, you have a range of health insurance options to choose from when creating your employee benefits package. While it’s great to have more choices, there’s no denying that picking between them can feel overwhelming. You have all of the acronyms to deal with for a start. What does HSA mean? What about HRA or FSA? And how do all of these types of accounts differ from one another? You need the answers to those questions before
Read Full Article HereYou’re looking for new small business employee benefits solutions. The right benefits package can play a huge role in attracting great talent to your team. It also serves as a motivator for your existing team members. After all, knowing they’re going to be rewarded for a job well done will ensure they are productive. Perhaps your benefits package already includes bonuses and paid time off. But what about insurance? By offering health and dental insurance plans to your employees,
Read Full Article HereDisability insurance can be very helpful if you get in the situation where you can’t work for an extended period of time. If an injury or illness prevents you from earning an income, disability insurance may become a crucial part of your financial plan. While people often think about individual disability insurance, group coverage represents an alternative option that has become common among businesses. This type of insurance carries its own costs, benefits, and particular considerations. Read below to find out
Read Full Article HereHealth benefits have become a staple of modern businesses. In fact, whether an organization offers health insurance or not can be a deciding factor for employees in choosing if they’ll stay with the company. It might seem like offering such insurance would be a straightforward decision for employers. However, the costs of healthcare have gone up and continue to do so. Many employers now find themselves between a rock and a hard place, having to choose between massive health insurance
Read Full Article HereWe’re ready to help! Call today: 800-903-6066