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5 Employee Benefits Required by Law

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While many benefits are at the discretion of the employer, there is a set of employee benefits that are mandated by law. Health insurance The Affordable Care Act (ACA) requires that companies who have 50 or more full-time employees provide healthcare coverage or pay a penalty to the IRS.

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2024 Employee Benefits Trends: Focus on Employee Wellbeing

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2024 Employee benefits trends: Focus on employee wellbeing. The right benefits strategy is key to employee satisfaction. Here are the top 2024 employee benefits trends. Employee benefits are a driving force keeping your workforce satisfied. 4 Top 2024 Employee Benefits 1.

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How Voluntary Benefits Can Help with Retirement Planning

Extensis

Quick look: When it comes to employee benefits, there’s been an increased focus on long-term care. Though 401(k)s are still a large piece of the retirement planning puzzle, raising awareness about voluntary benefits has become just as essential to boost savings confidence and employee satisfaction.

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The Role of Employee Benefits in Talent Retention: A Comprehensive Guide for HR Professionals

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In the persistent battle for talent, appreciating the influence of employee benefits on retention rates can give HR professionals the upper hand. Image by Drazen Zigic on Freepik Understanding the Concept of Talent Retention Talent retention refers to a company’s ability to keep its most valuable employees.

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National Employee Benefits Day 2024: Which Benefits Foster Belonging?

Extensis

Quick look: Each April, National Employee Benefits Day raises awareness of the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round. Employee benefits are a big deal.

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What an Employer Needs to Know About Employee Benefit Laws in the United States – the Basics!

Accurate Background

Employee benefits are an important part of the HR function and the employee-employer relationship in any organization operating within the United States. Candidates and employees often place significant value on benefit offerings in addition to salary when considering how a job will contribute to their overall quality of life.

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Employee Compensation vs. Employee Benefits

Helpside

Offering competitive compensation is a great way to increase employee retention , as it demonstrates to employees that their hard work is recognized by the company. Employee benefits Employee benefits are compensation apart from base wages and salaries.