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Best Tips: Employee Benefits Basics

nick25
(@nick25)
Trusted Member

Hello,

Here i found some of the best ways for employee benifits basics:

#Comply with the law to give employees time off for jury duty, voting and military service.
#Follow all Occupational Safety & Health Administration (OSHA) and worker’s compensation rules. Remember to comply with tax law, withholding FICA taxes from payroll. Also, pay your part of FICA. Social security and Medicare are part of regular payroll taxes. Pay unemployment taxes and any additional state taxes. You can outsource your payroll to simplify this task and ensure compliance.
#Remember the Federal Family and Medical Leave Act (FMLA) applies to companies with 50 or more employees. For more information,
#Research employee benefits options. You can choose to offer retirement plans, health plans and dental/vision/prescription drug plans. Often a cafeteria plan allows you to set a benefit cost level for the company and give employees a choice of benefits.
#Even if you are a very small firm, remember that all companies with employees should have an employee handbook that governs standards for your company and specifies vacation, sick leave and company policies related to personnel.

Thank you

Beds

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Topic starter Posted : 17/03/2010 4:31 am
cyril007
(@cyril007)
Active Member

Re: Best Tips: Employee Benefits Basics

Hello Friends,
The world of employee benefits is dramatically different today than it was just five years ago—let alone 15 or 20 years ago. What is not new is the fact that employees need benefits, and companies need employees.However, escalating benefits costs are causing employers to re-examine employees’ roles in selecting, paying for and managing benefits. Historically, employees had minimal to no input, and benefits were considered “fringe” and viewed as entitlements.Today, both government and employers are placing more responsibility and accountability on employees for benefits decision-making and cost responsibilities. Businesses and government still have important roles, but sharing accountability with benefits recipients is the trend.This how-to booklet provides fundamental information needed to undertake the initial design, administration or review of employee benefits programs. Hopefully this material will serve as a springboard to better understanding benefits … thereby increasing your value to your organization.
Thanks.

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Posted : 18/03/2010 1:59 pm
chris27
(@chris27)
Estimable Member

Re: Best Tips: Employee Benefits Basics

Hello,
You have shared a really very nice article.
These tips are really practicle and useful in business.
Keep sharing your views like this.
Thank you
Regards
Chris

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Posted : 20/03/2010 10:23 am
pal09
(@pal09)
Reputable Member

Re: Best Tips: Employee Benefits Basics

Employee benefits in the United States might include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group-term life and long term care insurance plans; legal assistance plans; adoption assistance; child care benefits; transportation benefits; and possibly other miscellaneous employee discounts (e.g., movies and theme park tickets, wellness programs, discounted shopping, hotels and resorts, and so on).
_______
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Posted : 25/05/2011 7:00 am
klooper
(@klooper)
New Member

Re: Best Tips: Employee Benefits Basics

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Posted : 06/06/2011 7:27 am
lovetoall
(@lovetoall)
New Member

Re: Best Tips: Employee Benefits Basics

Hi,

Benefits are forms of value, other than payment, that are provided to the employee in return for their contribution to the organization, that is, for doing their job. Some benefits, such as unemployment and worker's compensation, are federally required.

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Posted : 30/06/2011 12:19 pm
strausspstrauss
(@strausspstrauss)
Active Member

Re: Best Tips: Employee Benefits Basics

If employee benefits basics are available then employee can survive and spend more time in organization. By giving monthly employee funds, medical funds helps him to take proper care of his family.

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Posted : 06/07/2011 11:23 pm
jelefa
(@jelefa)
Eminent Member

Re: Best Tips: Employee Benefits Basics

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Posted : 01/08/2011 12:24 pm
eBiz
 eBiz
(@eBiz)
Eminent Member

Re: Best Tips: Employee Benefits Basics

We need to look at the economics of labor.

It's a lot more. I still can not present here.

But if anyone is interested.

I would suggest that we should study. Very helpful.

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Posted : 01/08/2011 4:25 pm
Maddy
(@Maddy)
Estimable Member

Re: Best Tips: Employee Benefits Basics

Awesome sharing, It would really helps me a lot 🙂
Super Like !!

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Posted : 11/08/2011 10:35 pm
adivol
(@adivol)
New Member

Re: Best Tips: Employee Benefits Basics

Ok best benefits for employee is health insurance, dental insurance, Medicare insurance, retirement plan and many more …………in those list one more insurance should be added and that insurance is long term care insurance

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Posted : 16/03/2012 2:08 pm
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