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The Healthcare Stipend Explained & Other Alternatives

WEBA healthcare stipend is a fixed, taxable amount of money that employees may use to buy health insurance or put toward out-of-pocket costs such as unexpected medical bills. A …

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URL: https://www.getbenepass.com/blog/healthcare-stipends

Benefits 101: What Is an HSA

WEBAn HSA — or health savings account — is a tax-advantaged benefits account that works kind of like a personal savings account, if your savings account had restrictions for …

Category:  Health Go Health

5 Essential Components of Employee Wellness Programs

WEBA well-run employee wellness program can improve the physical and mental health of your employees, decreasing rates of absenteeism and improving presenteeism. Wellness …

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What can I spend my balance/benefit(s) on

WEBFor benefits such as Wellness, Lifestyle, Work From Home, or any other perk benefits that your employer offers, what you're able to spend your balance on will vary from benefit to …

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When Are Stipends Taxable and How Do They Work

WEBCurrently, these are $5,000 per household or $2,500 if married and filing separately. The IRS does not limit the amount of childcare benefits you receive, only the amount that is …

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A Wellness Stipend Guide For Employee-First Companies

WEB4 key benefits of wellness stipends. Offering wellness reimbursement or stipend plans boosts the chance that your employees are holistically healthy. Expect the following …

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Employee Benefits Survey 101: What to Include and How to Ask

WEBEmployee benefits surveys are typically structured with a Likert scale, which includes a list of statements accompanied by reply options ranging from “Strongly Agree” to “Strongly …

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Benefits 101: A Complete Guide to Developing Employee

WEBPhysical wellness refers to managing one’s physical health through exercise, nutrition, sleep, and disease prevention measures such as avoiding tobacco or maintaining …

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5 Steps to Creating Employee Health and Wellness Programs

WEBSurveys by the Employee Benefit Advisor show that the total cost of a wellness program is between $150 and $1,200 per employee per year. You’ll need to factor in vendor costs, …

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A Guide to Stipends & Employee Perks (Updated for 2023)

WEBStipends and employee perks form part of a company’s benefits package. Employers offer a stipend to cover living expenses and employee perks, such as travel allowances, …

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Everything You Need to Know About Employee Benefits …

WEBEmployee benefits administration is the process of choosing, distributing, and communicating benefits to employees. These benefits can include health insurance, …

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Flexible Benefits Plans: What They Are and How They Work

WEBFlexible benefits, also known as fringe benefits, form part of your employee compensation package. They’re fully customizable and allow employers to provide the same core …

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Lifestyle Spending Account

WEBA lifestyle spending account (LSA) is an employer-sponsored benefit that provides post-tax funds for employees’ everyday needs. Employers can customize LSAs to include a …

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Employee Fringe Benefits: 26 Examples and Guide To How They …

WEBHealth insurance. Healthcare coverage is one of the most common fringe benefits, including medical, dental, and vision coverage for employees and their dependents. …

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The ABCs of LSAs: A Complete List of Eligible Expenses

WEBLSA programs are a popular perk, with a Mercer Insights Survey finding that 70% of companies are considering adding an LSA to their benefits package. A lifestyle spending …

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7 Best Benefits Administration Software To Transform Your Total …

WEB5. BambooHR. BambooHR is a cloud-based HR system that includes benefits administration tools. Companies can view employee information from one central …

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How to Measure Employee Wellness: 7 Metrics to Understand …

WEB4. Employee morale. Employee morale measures how connected employees feel to their workplace, how engaged they are with their work, and how strong they feel the company …

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What Is the Average Cost of Benefits Per Employee

WEBThe results depend on the sector: $13.17 per hour for civilian workers. $11.86 per hour for private industry workers. $21.91 per hour for state and local government workers. Based …

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Benepass The future of work is flexibility

WEBEngage today’s workforce with more personalized core benefits. Make the most of your budget. Increase benefits utilization. Meet employees where they are. Recruit & retain …

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