Re: Employee Benefits
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Re: Employee Benefits
Great thread, employee benefits typically refers to retirement plans, health life insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc. Benefits are increasingly expensive for businesses to provide to employees, so the range and options of benefits are changing rapidly to include, for example, flexible benefit plans.
Re: Employee Benefits
Good thread. The purpose of the benefits is to increase the economic security of employees.
Re: Employee Benefits
Employee benefits provided through ERISA are not subject to state-level insurance regulation like most insurance contracts, but employee benefit products provided through insurance contracts are regulated at the state level.[3] However, ERISA does not generally apply to plans by governmental entities, churches for their employees, and some other situations
Re: Employee Benefits
Employee are the key of any organization, if the company is not providing the benefits to them, then there will be a decrease in the interest of them, and the productivity will be affected.