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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 ...
BCG surveyed hundreds of employees and dozens of working parents across a number of benefits programs; it also presented five case studies of companies that introduced child care benefits and ...
"Voluntary benefits" is the name given to a collection of benefits that employees choose to opt-in for and pay for personally, although as with flex plans, many employers make use of salary sacrifice schemes where the employee reduces their salary in exchange for the employer paying for the perk.
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 ...
Bill failed a vote in the state's legislature. In business, and only in United States corporate law, a benefit corporation is a type of for-profit corporate entity whose goals include making a positive impact on society. Laws concerning conventional corporations typically do not define the "best interest of the corporation", which has led some ...
The same reasons that make pre-funding a possible benefit to an employee participating in a plan make them a potential risk to employers setting up a plan. The employer has to make up the difference that the employee has spent from the flexible spending account but not yet contributed if other employees' contributions do not account for the ...
An employee survey at Betterment at Work confirmed this notion, showing that two of the top five "most enticing financial wellness benefits" were a "high-quality 401(k)" and a "401(k) matching ...
Compensation and benefits. Compensation and benefits ( C&B) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation and benefits are tangible, there are intangible rewards such as recognition, work-life and development. Combined, these are referred to as total rewards. [1]