In today’s uncertain economic landscape, employee benefits have become an essential part of compensation packages. A good benefits package can set an organization apart from others when trying to attract and retain top talent. Health and wellness benefits are exceptionally common offerings as companies understand the value of fostering a healthy and thriving workplace. Alongside Read more…
Category: Benefits Strategy
;Best practices and insights about how to design and run your company’s wellness benefits program.
Benefits Strategy
What is a Health Savings Account (HSA) and How Does It Work?
Are you interested in using pre-tax dollars to cover your healthcare expenses? If so, a Health Savings Account could be the answer. A Health Savings Account is a type of employee benefit that helps you save money on eligible health care expenses. It is commonly offered as an employee fringe benefit. When used effectively, this Read more…
Benefits Strategy
What is a Flexible Spending Account (FSA) and How to Make the Most of It
In 1978, an unlikely combination of tax reform legislation and a desire to save on medical costs gave rise to the Flexible Spending Account (FSA), a key employee fringe benefit still commonly used today. For most individuals with employer-funded health plans, a flexible spending account is a flexible spending arrangement where employees enjoy pre-tax savings Read more…
Benefits Strategy
Employee Fringe Benefits: Why They Matter and 10 Benefits Your Company Should Offer
Today’s job market is fiercely competitive. Attracting and retaining talent has never been more challenging. Be it the result of the Covid-19 pandemic or the ‘Great Resignation’ trend, top talent know their worth and require more than just a competitive salary. They seek meaningful perks that go beyond the standard paycheck. This is where employee Read more…
Benefits Strategy
What are Employee Perks and Are They Important?
There was a time when hefty paychecks alone were the ideal talent magnets to attract, retain, and motivate in-demand industry professionals. However, the job landscape has changed dramatically, and fringe benefits such as employee perks are becoming an increasingly non-negotiable part of the overall employee work experience. These perks keep employees happy, helping you build Read more…
