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Being an entrepreneur in today’s world is an act of courage, determination and strong leadership. Supporting those who choose to overcome the obstacles of building a new business from scratch is an inspirational journey, especially if we are talking about the financial part of a business, like payroll solutions, benefits administration or HR trends. When …

Continue reading “Next Gen Summit 2019 – HR Trends for Aspiring Entrepreneurs”

Update 2020: Harassment Prevention Training – US Legal Requirements Harassment prevention continues to be an important topic in 2020. California, Connecticut, Delaware, District of Columbia, Illinois, Maine, New York City, and New York State, all currently have sexual harassment prevention training initiatives and we anticipate that other states and cities will implement requirements in 2020.  …

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HSA, FSA – the list of acronyms for employee health benefits in the US can be confusing. Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) are two types of tax-favored health plans that employers can offer as part of their health benefits, but they are not stand-alone plans. The type of account you have …

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Employee benefits continue to be an important consideration for employers who are looking to make the biggest impact with their employee investments. As unemployment rates remain low, candidates are comparing benefits that companies offer in addition to cash compensation and reputation. 1. Financial Wellness Health benefits have taken center stage in recent years with the …

Continue reading “7 Employee Benefits Trends for 2019”

There are several different tax-favored health plans available in the US. Your employer may choose to offer one as part of your employee health benefits, but exactly which plan will vary for each company. An FSA is a Flexible Spending Arrangement or Flexible Spending Account, which allows employees to be reimbursed for qualified medical expenses.

Wellness programs, employee discounts, commuter benefits, and free lunches are all perks that employees may be eligible to get because they work for a company. These are sometimes called “fringe benefits”. When used appropriately, they can be a powerful tool for employers to recruit and retain talent. What are fringe benefits? The Bureau of Labor …

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HSAs, also known as a Health Savings Account, are a benefit that employers can offer to employees to help with employee health care costs. They offer flexibility to employees while containing costs for employers. This is an interesting option when considering employee incentives, particularly health insurance. What is an HSA? An HSA is a benefit …

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Employee benefits encompass a wide range of offerings that a company can provide to its employees. The most common benefits in the US include health and dental insurance, retirement savings (such as a 401(k)), vacation time, and other paid time off (such as maternity leave). But benefits don’t need to be common – they can …

Continue reading “Do You Offer Competitive Employee Benefits?”