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

Professional Employer Organizations (PEOs) provide comprehensive employee benefits, such as health insurance, retirement plans, and wellness programs, allowing businesses to attract and retain top talent. These services can help companies save time and money while ensuring compliance with employment laws. Contact J. Gregory today for more information on how a PEO can enhance your employee benefits offerings! #PEO #Benefits #Payroll #HR #WorkersComp #JGregoryPEO JGREGORYPEO.COM

Great reminder on the taxation of employer paid life insurance that exceeds $50k. Check out the video ⬇️ for more info! #humanresources #payroll #benefittaxation

Standard workers' comp insurance often requires a downpayment. Pay-as-you-go worker's comp insurance plans do not, are low-cost, and simplify cash flow. #SPLI #EmployeeBenefits #PEO #WorkersComp #PayrollServices

𝗛𝘂𝗺𝗮𝗻 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 & 𝗣𝗮𝘆𝗿𝗼𝗹𝗹 𝗙𝗼𝗹𝗸𝘀 📢 Do you offer employer paid life insurance over $50,000 to your employees? Did you know that a benefit exceeding $50,000 is subject to taxation? 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄: • Employer paid coverage over $50,000 is considered taxable income  • This amount should be included in an employee’s W-2 as an imputed income. • The IRS uses a specific formula referred to as a “Premium Table” to determine the taxable value, which varies based on the employee's age. Check out The Benefit Breakdown’s newest video to ensure you are taxing employee benefits properly! Link to the full video in the comments. 🎥 # EmployeeBenefits #LifeInsurance #Taxation

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

In today’s dynamic workforce, one size doesn’t fit all. Each business and its employees have unique needs, from comprehensive 401(k) plans to essential workers' compensation insurance. Canal HR's expertise covers a wide range of packages and policies, helping businesses tailor solutions for all needs. Explore more: bit.ly/4eGX9qm #PEO #CanalHR

Have you wondered how to attract and retain great employees, incentivize a key employee, group of key employees or executives? You cannot be bias with employee benefits utilizing a qualified 401(k) plan, but you can with certain non-qualified plans for key employee compensation or executive bonuses. BTW this could be an additional tax write off for your company. It is time to understand your options. Think outside the box like you did when you found the way to start and grow your business. Your employee benefits can be more than just a 401(k). Be the employer that lives up to their promises by taking care of your key personnel. https://lnkd.in/eeKTSiWn

In my experience most #Employees want flexibility. The #employeebenefits valued by one employee may not be attractive to another because they have different priorities, are at a different life stage or simply already have access to the same benefits through their partners employer. Having a #flexiblebenefitsplatform can help #employers overcome these issues. You can contact me at [email protected] or private message me if you have any queries. #humanresources #employeeengagement

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