Are you a business owner in Bakersfield, California, seeking to attract top talent and retain your valuable workforce? Offering a competitive staff incentives package is a key factor in achieving that goal. In this blog post, we will guide you through the essential components of employee benefit packages Bakersfield CA, including health, dental, and life insurance options. We will also explore additional benefits that can enhance your workers’ satisfaction and loyalty and provide insight into the open enrollment process
Read Full Article HereEmployee benefit packages are crucial for attracting and retaining top talent. With a wide range of insurance and flexible benefits available in West Virginia, understanding the various options is essential for both employers and employees. In this blog post, we’ll explore health insurance, dental vision and disability insurance, other dental vision and disability insurance and flexible benefits here, public employee insurance, retirement plans, and more, providing you with valuable insights into employee benefit packages West Virginia.
When you think about company employee benefits packages, you probably jump right to health insurance, paid time off, and maybe a retirement plan. Those traditional benefits form the foundation of a competitive benefits package, and they are certainly important. But for an employer that wants to go beyond basics, some choices can help you stand apart from your rivals and attract the best talent without breaking your budget. Count on your consultant at Taylor Benefits Insurance to keep
Read Full Article HereThe COVID-19 pandemic has not been kind for a lot of companies, and small businesses, in particular, have struggled to stay afloat. To come to their help, the US Government has provided special relief programs designed to support certain businesses during these difficult times, like PPP loans. If you’ve received such a loan, here’s how it impacts unemployment benefits.
Employer-paid benefits (sometimes explicitly referred to as 100 percent employer paid benefits) is an unusual offering that provides workers with access to some or all of their employee insurance coverage at no cost. While many companies share the cost with their workforce, most don’t pay the entire bill. In fact, worker contributions have been increasing over time, both as an absolute dollar amount and as a percentage of the total cost, according to research reported by the Kaiser Family
Read Full Article HereGroup health insurance plans are a common and culturally-expected benefit that comes with full-time employment in the US. Our private healthcare system is expensive and health insurance is one way that citizens in the US manage the costs of healthcare. With a group plan, the employer pays a portion of the premium and the employee pays a portion of the premium through a payroll deduction. A group health insurance plan provides coverage for typical medical costs like doctor’s visits,
Read Full Article HereWhile many employed adults have large group medical insurance plans, somewhat fewer have access to group dental insurance. Large companies are more likely to offer it than smaller firms, as well as to pay more of the premium cost, according to Dental Plans, a trade association. Those companies that provide coverage to their workforce may offer either an indemnity plan or managed care options. Indemnity plans pay a set dollar amount for a menu of possible services, no matter
Read Full Article HereBusinesses big and small are eligible to purchase group health insurance. However, the rates tend to be more favorable for larger companies based on the number of participants. Still, group health insurance is still a nice benefit to offer employees.
The House of Representatives passed HR 2954—Securing a Strong Retirement Act—referred to as Secure 2.0, intending to help Americans save for their retirement. The Senate will now consider similar legislation, and Congress will later reconcile any differences in the two versions. This legislation would build on the changes made in the Secure Act of 2019. A hallmark provision of the 2019 law made it easier for small businesses to set up “safe harbor” retirement plans. This change allowed smaller
Read Full Article HereThe impact of Covid 19 has raised business and employee awareness about health issues and the importance of health insurance. Finding the best small business group health insurance provider and navigating the features, benefits, and costs remain a priority for small businesses. Let’s explore the health insurance benefits that matter most to employees and the critical ways group health insurance can benefit your small business.
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