Tag Archives: benefits

Benefits (Retirement)

Retirement benefits, such as a 401(k) or a pension, offer employees a mechanism for savings to be used at a later date when s/he stops working. It is widely accepted that Social Security will not provide sufficient future retirement benefits … Continue reading

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Benefits (Other insurance – Life, Dental, Vision, Disability, etc.)

In order to compete for talent, large companies have to provide additional benefits than just health insurance. Smaller companies usually offer these benefits without cost to the company by having the employees pay for 100% of the premium. By leveraging … Continue reading

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Benefits (Health Insurance)

While typically managed by the company, usually through the human resources department, bosses rarely get involved in health benefits issues. Key points for bosses to know are: –   It is a major operational expense to the company. –   It is … Continue reading

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Policies and Procedures

A company’s Policies & Procedures (P&P) can both minimize and increase employer liability. While some start-ups have done well without formal P&P, lack of clarity on employee benefits (vacations, sick time, etc.) and behavior expectations (rules of conduct) can make … Continue reading

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Unemployment Insurance

One of the outcomes of the Great Depression was the formation of the Unemployment Insurance (UI) programs in 1935. Administered by each state, UI aims to help individuals who have lost their jobs due to economic reasons. The unemployed individual … Continue reading

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