Employee Benefits

News and Articles About Employee Benefits

5 Reasons Enhanced Benefits Programs Are Good for Business
Employee Benefits

5 Reasons Enhanced Benefits Programs Are Good for Business

Meaningful, ongoing benefits are good for employees, team culture and your bottom line.
Scott Jordan
Why Team Input Is the Key to Successful Benefits Planning
Employee Benefits

Why Team Input Is the Key to Successful Benefits Planning

To understand what benefits fantastic employees truly value, why not just ask 'em?
Kelsey Meyer
Should You Still Offer Health Insurance as a Benefit?
Health Insurance

Should You Still Offer Health Insurance as a Benefit?

Workers and entrepreneurs are looking for answers about the health care law's uncertain future.
Jennifer Fitzgerald
An Obituary for the 40-Hour Workweek
Workplace trends

An Obituary for the 40-Hour Workweek

Satirically we mourn the death of a venerable American institution and ponder those who are happy it is no more.
Phil La Duke
Should You Tell Customers You're Raising Prices to Pay for Health Insurance?
Employee Benefits

Should You Tell Customers You're Raising Prices to Pay for Health Insurance?

Rising costs have to be paid for with higher prices or lower profits.
Dan Steiner
How to Control Increasing Employee-Benefits Costs
Health-care Costs

How to Control Increasing Employee-Benefits Costs

Healthcare costs are rising, and that means one thing for employers: more expensive employee benefits.
Matt Straz
The Expensive Benefit Plan Penalties You'll Want to Avoid
Employee Benefits

The Expensive Benefit Plan Penalties You'll Want to Avoid

The DOL has released a list of updated penalties for employee benefits, and you need to stay compliant now more than ever.
Matt Straz
Freelance Workers Have a New Way to Save for Retirement
Retirement

Freelance Workers Have a New Way to Save for Retirement

The US Treasury's new myRA is an ideal savings solution self-employed people who want to retire one of these days.
Richard Ludlow
Why It's Not Too Early to Start Improving Open Enrollment
Employee Benefits

Why It's Not Too Early to Start Improving Open Enrollment

Events that are interactive and offer in-person consultations may help employees who feel overwhelmed by a thick packet of paper.
Matt Straz
This Is the One Simple Thing Employees Really Want
Benefits

This Is the One Simple Thing Employees Really Want

Why aren't employers' engagement strategies hitting the mark? Hint: Snacks and team outings aren't the answer.
Matt Straz
Are Better Benefits the Solution to the Employee Wellness Problem?
Employee Benefits

Are Better Benefits the Solution to the Employee Wellness Problem?

Sure, 'walking challenges' and office fitness groups improve employees' health. But, are you offering the adequate core benefits they really want?
Matt Straz
Good Company Culture Is Not About Silly, Attention-Grabbing Perks
Inspiring Your Team

Good Company Culture Is Not About Silly, Attention-Grabbing Perks

Boxed Wholesale will pay for your wedding, but that doesn't mean it is a great place to work.
Ray Hennessey

Employee benefits are benefits offered to employees from employers, such as health insurance, disability insurance and a retirement plan, to name a few. Benefit plans can add approximately 30 to 40 percent cost to the base pay of most employees. However, offering employee benefits can shape a company’s culture and affect employee retention -- as well as the quality of talent attracted to a business. Some benefits are mandatory by federal law and some aren’t -- but are deeply important to employees.

Small businesses: Often times, small-business owners believe they can’t afford to offer employee benefits -- and with good reason. However, currently the Affordable Care Act subsidizes the cost of medical insurance for businesses that have fewer than 25 full-time employees.

Here are some employee benefits that are required by law:

  • Time off to vote, serve on a jury and perform military service.
  • Compliance with all workers' compensation requirements.
  • Compliance with the Federal Family and Medical Leave.
To find out more about employee benefits, read “Weighing a Rollout of Benefits for Employees? 4 Tips for Startups to Consider” and “The Basics of Employee Benefits.”