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 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 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
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