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Employer-covered health care is the most important benefit to employees in 2023, according to a new poll from Forbes Advisor. Offerings of life insurance, pension and retirement plans, mandatory ...
The unemployment rate is low and the Great Resignation is still hot, indicating that employees have the upper hand and should feel encouraged to speak up and get what they want from their ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b) ); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known ...
Good morning! Employers and their workers can’t seem to find common ground on benefits. While 78% of employers believe their workers are highly satisfied with their benefits, only 59% of ...
Many employer-provided cash benefits (below a certain income level) are tax-deductible to the employer and non-taxable to the employee. Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage (up to US$50,000) (and employer-provided meals and lodging in-kind,) may be excluded from the employee's ...
Educational assistance benefits are employee benefits that allow workers to participate in educational programs for free or at a reduced cost. These benefits are administered through education assistance programs. Education assistance programs are used by corporations to recruit, retain, and retrain employees and to increase goodwill with ...
A flexible spending account (FSA) is an account that allows you to save pre-tax dollars and use them toward your medical and dependent care expenses. Many employers offer FSAs as a benefit. You ...
Benefits are an important yet often misunderstood aspect of worker compensation. All too often, opaque tax rules and stuffed insurance guides deter employees from taking full advantage of their...