Health Reimbursement Arrangements (HRAs) With an HRA, you give your employee (and maybe yourself) a regular stipend that’s untaxed as long as it’s used for healthcare expenses. Employees can use this stipend to pay insurance premiums, providers, or other acceptable healthcare...
For the duration of this agreement and as an option to theEmployee Health BenefitsProgram plan, specified in Article X, Section B, above, an otherwise eligible employee, who is not covered by the application of Section B, shall be granted the option of receiving a yearly cash stipend of $...
Currently, most organizations offer pet insurance as a voluntary benefit, but this is predicted to become a common offering with employers in the near future. Family stipends A family stipend, sometimes known as a family allowance, is an additional sum of money given to employees to help ...
If you go down the road of trying to make this a reimbursement or requiring proof of insurance, that brings you under the ACA rules andyour stipend suddenly becomes an unlawful health plan. Potential for Discrimination.Employers need to be careful when offering this as a benefit, since not of...
Take healthcare, for example. While health insurance is a common benefit most workers take up through their employer, it’s often a difficult benefit to discuss due to the complexity of coverage options and family member considerations. Give your employees all the information they need to make ...
Health Stipends: These stipends can be used to help employees cover out-of-pocket healthcare costs not covered by insurance, such as gym memberships or co-pays. Wellness Stipends: These stipends can be used for expenses related to overall well-being, such as fitness trackers, healthy meal...
Until you find out what matters to your employees, your benefits program could be failing in its attempts to attract, retain, and engage your employees.
Health insurance 401(K) matching Remote work Employer retirement contributions Generous or unlimited PTO Retirement planning Mental health and wellness benefits Company equity Parental leave Food stipend We break down the data even further, analyzing what benefits matter most to professionals based on ...
Incentivize your rockstar employees with monetary (e.g., points) andnon-monetary benefits. Examples include points-based rewards, gift cards, volunteer time off, an annual travel stipend, and additional work-from-home days. Make recognition fair and equitable for all employees across multiple geogr...
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