Benefits Strategy

What Is a Health Reimbursement Account (HRA) and Should Your Company Offer One?

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…

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

10 Top Employee Benefits and How to Find the Right Ones for Your Company

Why should a company consider offering top employee benefits? It’s no secret that employers continue to face challenges in attracting and retaining top talent in the United States. While the massive layoffs in tech and finance have eased since the start of the year, and unemployment rates remain strikingly low, voluntary quitting is still at Read more…

Benefits Strategy

13 Great Examples of Wellness Programs for Employees

Gone are the days when drinking copious amounts of coffee was the only antidote to fatigue and afternoon slump. Nowadays, it’s common to see employees swapping coffee breaks with yoga sessions, donning their running shoes for a quick jog, or even dialing into their mental health apps for a quick check-in with their counselors. 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…