Wellness programs have become a cornerstone of employee benefits, offering perks ranging from gym memberships to mental health support. However, companies often face a critical decision: should they offer direct benefits, or opt for a reimbursement model that allows employees to claim back their wellness-related expenses? Understanding what employees value more can help employers design Read more…
Tag: Reimbursements
;Benefits Strategy
What is a Cell Phone Reimbursement Policy & How to Set One Up
In today’s digital world, it’s important for companies to ensure that all employees are paid accurately and fairly, including regular salary and bonuses, fringe benefits, stock options, pensions, and any other perks the company may offer, such as travel allowances, internet allowances, hazard pay, overtime pay, and cell phone reimbursements, which are increasingly necessary for Read more…
Benefits Strategy
What is a Tuition Reimbursement & Case Study on How it Helps Employers
Technology is advancing and job markets are evolving rapidly. To stay ahead of the curve, employees must constantly upgrade their knowledge and skill sets to keep up with the rapid globalization and competitiveness. However, up-skilling and re-skilling may require returning to school, and that has its challenges. That’s why employers are using fringe benefits like Read more…
Benefits Strategy
What Is a Wellness Reimbursement Benefit & 10 Reasons Why Every Employer Should Offer One
As an employer, you are always looking for ways to benefit your employees. One of the most effective ways to do this is by offering a wellness reimbursement fringe benefit. This type of benefit allows employees to receive reimbursements for their wellness and health-related expenses. It can be an effective way to show your employees Read more…
Benefits Strategy
What is a Lifestyle Spending Account (LSA) & Should You Offer them to Employees
Are you looking for new ways to attract and retain talent? Lifestyle spending accounts (LSAs) are growing in popularity as a great way to show that you are an employer who cares. Lifestyle spending accounts, also known as life accounts, lifestyle accounts or life planning accounts, are a fringe benefit that is helping employers stand Read more…