Capstone Search Group’s Post

How do employees benefit from a PEO arrangement? Employees seek financial security, quality health insurance, a safe working environment, and opportunities for retirement savings. When a company works with a PEO, job security is improved as the PEO implements efficiencies to lower employment costs. Job satisfaction and productivity increase when employees are provided with professional human resource services, training, employee manuals, safety services, and improved communications. In many cases, a co-employment relationship provides employees with an expanded employee benefits package, including a 401(k), life insurance, disability insurance, discount plans, a flexible spending plan, and more. #PEO #EmployeeBenefits #HumanResources #Payroll

These days, insurance organizations are far more generous with PTO than they used to be. But when you throw flexible schedules and remote arrangements into the mix, does that change things? Chris's new blog has 4 tips to know how much PTO to ask for! #CapstoneSearchGroup #CapstoneForCandidates #Hiring #HiringAndPromotion #Insurance #InsuranceIndustry #InsuranceCareers #InsuranceJobs #PTO #PaidTimeOff #TimeOff #VacationTime #SickTime #Benefits #Negotiate #Negotiation #Negotiating

Fringe benefits go beyond the paycheck! ✅ These can be flexible work hours, wellness programs, life insurance, travel benefits, etc. Read our blog post to learn more about fringe benefits and why it is crucial for both employees and organizations! ⬇️ https://lnkd.in/djSAASMu Keep your employees smiling & thriving! 🚀 #fringebenefits #employeewellness #benefits

Why are death-in-service benefits vital to your employees? 👉 Find out more about how death-in-service payments work and the advantages of including them in your employee benefits package. https://lnkd.in/ea4hwEfv

Keep Employee Salaries Current. When salaries change, your benefits provider must be notified. If this is not done, there can be a large liability to the employer. Many benefits are income-based; life insurance can often be 1X or 2X salary, and disability insurance is typically based on a percentage of income. It is important to ensure the benefits provider has current income figures so that your employees’ coverage matches their income. If a raise is not communicated, the employer can become liable to pay for the top-up amount NOT covered by the plan. This also applies to hourly employers; any change in their workload will change their earnings and in turn, their benefits. #thezavitzway #groupinsurance

Keep Employee Salaries Current. When salaries change, your benefits provider must be notified. If this is not done, there can be a large liability to the employer. Many benefits are income-based; life insurance can often be 1X or 2X salary, and disability insurance is typically based on a percentage of income. It is important to ensure the benefits provider has current income figures so that your employees’ coverage matches their income. If a raise is not communicated, the employer can become liable to pay for the top-up amount NOT covered by the plan. This also applies to hourly employers; any change in their workload will change their earnings and in turn, their benefits. #thezavitzway #groupinsurance

4 Most Common Benefits Offered By Companies Extra Paid Time Off 🏖️ Travel & Fuel Allowance ⛽️ Retirement Savings Plan 💰 Health Insurance 🏥 Which benefit is most important to you? #employeebenefits #benefits #worklifebalance #employeeengagement #employeerecognition #hr #payroll #payrollmanagement #payrollprocessing #hrtech #fintech #pakistan #pakistanstartups #startuppakistan #humanresources #hbr #paismohr

How do you incentivize a great employee or executive? You can't be bias by only incentivizing key employee or executive with a qualified plan. You do this through specific strategies with non-qualified plans like below. #employer #employee #smallbusiness #retirement #savings #money #executives #businessowner #incentivize

After looking at "Why" Employee Benefits are important, let's look at the broad categories Benefits are classified into in this series of #benefitsofbenefits! ⬇️ Broadly, Benefits can be looked at as Mandatory ⚖️ & Voluntary 🙋🏻♀️! Mandatory ones, in simple language are the ones which are legally required to be a part of the employee benefits bucket! Provident Fund (PF), Employee State Insurance (ESI), Gratuity, Maternity Benefits etc. are a few examples that fall under this category! Voluntary ones are the ones where organizations can create a difference! ✨ This category includes all the benefits that organizations can include to attract and retain talent. Medical insurance, Leaves, Learning environment etc. fall under this category. Do you have any innovative perspectives with respect to making the voluntary bucket more interesting? Feel free to share your perspectives! #benefitsstrategy #voluntarybenefits #mandatorybenefits #benefits