Mental health services/Employee assistance programs (EAPs): Some employers offer employee assistance programs, typically set up with an outside contracting agency, to provide confidential counseling in dealing with stress, substance abuse, relationship problems, and family issues and/or personal concerns.
An employee benefits package includes all the non-wage benefits, like insurance and paid time off, provided by an employer. There are some types of employee benefits that are mandated by law, including minimum wage, overtime, leave under the Family Medical Leave Act, unemployment, and workers compensation and disability.
Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. Instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a "salary packaging" or "salary exc...
Employee benefits often involve an out-of-pocket costs for employers, but some benefits are non-monetary. pfingstrose image by Martina Berg from Fotolia.com
Domestic Partner Benefits. Some employers offer benefits to unmarried domestic partners, while others do not. Check this list of Minnesota employers offering domestic partner benefits. Requirements to qualify vary from simply signing a form to showing proof of domestic partnership or financial interdependence.
Employee benefits come in many forms and are an important part of the overall compensation package offered to employees. In this article, we’ll outline common examples of small business employee benefits. Employee Benefit Examples. Here is a list of popular employee benefits in the United States: Paid time off such as PTO, sick days, and ...
Fringe benefits are generally included in an employee’s gross income (there are some exceptions). The benefits are subject to income tax withholding and employment taxes. Fringe benefits include cars and flights on aircraft that the employer provides, free or discounted commercial flights ...
The importance of offering employee benefits as a strategy to attract and retain the best talent can't be understated. Here we identify examples of some mandated and optional benefits that may help you compete in today's competitive labor market.
In small businesses, administering benefits is often assigned to an employee who wears 12 other hats. This employee really isn't familiar with the technicalities and misses a lot of important details.
The Most Desirable Employee Benefits. Kerry Jones; ... we found that certain benefits can win over some job seekers faced with higher-paying offers that come with fewer additional advantages ...