What is a spot bonus?
What is a spot bonus?

What is a spot bonus?

It's important to reward your hard-working employees for their exceptional performance. A promotion or bump in salary isn't your only option to show appreciatio …

March 7, 2024 at 6:04 AM 4 min read
How are health insurance premiums calculated?
How are health insurance premiums calculated?

How are health insurance premiums calculated?

If it’s your first time enrolling in a health insurance policy, you’re probably most eager to know how much your coverage will cost. While each type of insuranc …

March 6, 2024 at 9:30 AM 9 min read
Can I offer a health insurance stipend?
Can I offer a health insurance stipend?

Can I offer a health insurance stipend?

For many small and medium-sized businesses (SMBs), offering a traditional group health plan is an expense it simply can't afford. Luckily, other more affordable …

February 8, 2024 at 7:33 AM 4 min read
Substantiation requirements for employee health benefits
Substantiation requirements for employee health benefits

Substantiation requirements for employee health benefits

Employee health benefits are an essential component of any comprehensive compensation package. However, employers must ensure that the benefits they offer compl …

February 7, 2024 at 7:44 AM 5 min read
Health insurance options for franchises
Health insurance options for franchises

Health insurance options for franchises

Franchises are a common type of organization in the U.S. In 2023, there were 805,000 franchises nationwide, generating $860.1 billion in revenue1. Because of th …

January 24, 2024 at 9:00 AM 8 min read
Offering fertility benefits to your employees
Offering fertility benefits to your employees

Offering fertility benefits to your employees

Adding or improving fertility benefits at your organization can make a profound difference to your employees struggling to build their families. In 2022, 61% of …

January 22, 2024 at 9:00 AM 7 min read
Is health insurance reimbursement taxable?
Is health insurance reimbursement taxable?

Is health insurance reimbursement taxable?

There are many options to choose from when reimbursing employees for their health insurance expenses. Due to the rising cost of health insurance, many business …

January 12, 2024 at 8:30 AM 5 min read
Benefits you should offer a nanny or caregiver
Benefits you should offer a nanny or caregiver

Benefits you should offer a nanny or caregiver

As a household employer, providing your nanny or caregiver competitive wages and a robust benefits package is essential. While not required by law, employee ben …

January 2, 2024 at 9:00 AM 7 min read
How to set up a cell phone reimbursement policy
How to set up a cell phone reimbursement policy

How to set up a cell phone reimbursement policy

When providing an employee expense reimbursement program, many organizations reimburse employees for their work-related expenses like laptops, software fees, an …

January 2, 2024 at 7:43 AM 5 min read

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