Blog

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 …

Continue reading “Health Savings or Flexible Spending Account?”

An employee handbook is a useful tool for companies of all sizes. Business owners tend to think of a handbook as necessary as the company becomes larger, but organizations should institute policies and processes as soon as they start hiring employees.

As a manager, do you know what your employees are doing at all times? The answer is most likely, “No.” The manager sets up the daily workflow and expects employees to complete their work to the company’s satisfaction. However, employees are not always focused on work which means there’s lost productivity for the company. Your …

Continue reading “5 Ways to Improve Work Performance”

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”

Mark DeRosa was invited to “Thinking Outside the Bud”, a business podcast devoted to driving innovation in the cannabis space. Read more and listen to the whole discussion.

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 …

Continue reading “The Evolution of Fringe Benefits”

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 …

Continue reading “What is an HSA and What You Should Know About It”

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?”

Determining exactly who a millennial is can be confusing because there are often conflicting ideas of what birth years are included in a generation. However, Pew Research Center defines millennials as those born between 1981-1996. Millennials are now the largest generation in the workforce, making up 35% of labor force participants as Baby Boomers continue …

Continue reading “The Perfect Work Environment for Millennial Employees”