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Home / Archives for Benefits

Benefits

These 5 Benefits Can Make The Lives of Working Parents Easier

Apr 21, 2022 By Lending Tree

Parents make up 40% of the workforce, according to a survey from the family benefits platform Cleo, so it’s in every business’s best interest to keep working parents present, productive and engaged in their jobs. Yet many of today’s working parents struggle to overcome one hurdle to being present and productive at work: reliable, quality […]

Filed Under: Leadership Tagged With: Benefits, working parents

The Millennial Workforce is Reshaping Healthcare

Dec 11, 2019 By Brian Wallace

Traditionally speaking, and since the 1940s, American employees held the general expectation of receiving health care through employment. These expectations are quickly fading as younger generations are remodeling the job market and the way we work. The increasing stability of the gig economy has also influenced the shift in the job economy. Because of this, […]

Filed Under: Human Resources Tagged With: Benefits, Health Care, Millennials

Offering Retirement Plans for Your Employees

Nov 14, 2019 By Wagepoint

The number of small businesses operating in the US is growing fast. Small businesses employ 47.5% of American private-sector workers, and that number keeps increasing as more people move away from corporate life. Although small businesses are popping up on every corner, they still face challenges from tight budgets and sparse resources. With that comes the need […]

Filed Under: Human Resources Tagged With: Benefits, Employees, Retirement

How to Keep Good Employees: Pay and Development Trump Benefits

Oct 7, 2019 By TSheets by QuickBooks

It’s no secret that replacing an employee is expensive. A 2019 retention report by the Work Institute found that conservatively, employers can expect to lose around $15,000 with the departure of an employee. In 2018, nationwide turnover costs were an estimated $617 billion, and that’s not accounting for the (very necessary) costs associated with training […]

Filed Under: Human Resources Tagged With: Benefits, Employees, Retention

9 Perks Your Employees Want and You Can Afford

Sep 10, 2019 By Lexie Lu

It’s not just about health insurance and vacation time. Today’s best employees expect their employers to provide them with a slew of perks that make both their professional and personal lives better. If they don’t find it from their current role, they’ll look elsewhere—the average worker will switch jobs a whopping 12 times throughout their […]

Filed Under: Human Resources Tagged With: Benefits, Culture, Employees

These 3 Appealing Employee Benefits Can Slow Business Turnover

Jul 26, 2019 By Andrej Kovacevic

With unemployment rates hovering at or near historic lows throughout most of the developed world, it’s getting harder than ever for businesses to recruit the talented employees they need to thrive. Even when they find the right people, however, there’s yet another struggle ahead: retaining them over the long term. It’s a problem that’s even […]

Filed Under: Human Resources Tagged With: Benefits, Employees

Employees’ Fringe Benefits After Tax Reform

May 7, 2019 By TaxConnections

Tax reform made a lot of changes, some of which impacted employees’ fringe benefits. This article reviews the most frequently encountered fringe benefits, including those that were and were not impacted by tax changes. These changes can affect both a business’s bottom line and its employees’ deductions. Benefits Impacted by Tax Reform Qualified Transportation Fringe […]

Filed Under: Human Resources Tagged With: Benefits, Employees, Taxes

Wages vs. Perks: Millennial Startup Culture Meets Traditional Biz Practices

Nov 7, 2018 By 1800Accountant

Hiring and retaining quality employees should be a core concern for any company. As the workforce shifts and unemployment drops, it’s especially important to consider both the wages and perks your business offers. Traditional business practices may not do the job anymore. With millennials now comprising a majority of young workers, it’s worth taking a […]

Filed Under: Human Resources Tagged With: Benefits, Hiring, Millennials, Wages

The Importance of Pensions to SMEs

Jan 16, 2018 By Zak Goldberg

For SMEs to remain competitive in the current economic climate, it’s imperative that they’re able to retain and recruit the best possible talent. This can be challenging, however, particularly with small businesses being relentlessly squeezed by soaring inflation, declining consumer confidence and incrementally higher interest rates. While fintech innovations such as P2P lending and invoice […]

Filed Under: Human Resources Tagged With: Benefits, Employees, Retirement

You Could Be Taxed on That “Non-Taxable” Employee Benefit

Jul 13, 2017 By TaxConnections

A benefit frequently offered to employees is discounts on products or services that the company sells. Under the Internal Revenue Code, all benefits provided to an employee are taxable, unless they are specifically excluded from income or defers tax on the benefit. One example of deferring tax on the benefit would be employer contributions to […]

Filed Under: Tax and Accounting Tagged With: Benefits, Employees, Taxes

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