In other words, benefits are all forms of remuneration paid to employees 
beyond normal salary. Benefits come in many forms and are an important part of the total compensation offered to employees. Last week, we provided an in-depth look at the definition of benefits. In this article, we will describe current benefit small business examples.
Examples of employee benefits
is a list of popular benefits in the United States:
- leave paid as PTO, sick days, and vacation days
- health insurance
- life insurance
- dental
- insurance Vision
- pension benefits or accounts
- Healthcare spending or reimbursement accounts, such as HSA, FSA, HRA and HRPS
- long-term disability insurance
- short-term disability insurance
- tuition reimbursement
- Daycare benefits
- Gym memberships or discounts
- welfare programs be
- relocation assistance
- commuting assistance / Travel
- Telecommuting options
- workplace benefits such as recreation, food and coffee, and flexible work schedules
Related: Top 5 Types of employee benefits
for small and medium sized employers with budgets lean operation, some of these examples may seem overpriced. Before dismissing providing health or pension benefits because of the cost, however, consider different benefits structures and contribution strategies that help control costs. We will cover this next
Example Employee Benefits Structures
In general, companies have two different ways to organize, contribute and benefit provides employees :.
1) The benefits of oriented organization: offers employees a specific or defined benefit. The advantages are owned by the employer and the employer selected. Examples include traditional health insurance policy, retirement pension or 401 (k) or a formal wellness program
2) consumer-oriented benefits :. employees Offer dollars funded by employers to customize their benefits using technology. The benefits are financed by the employer and the employee selected. Examples include health care defined contribution pension plan with defined contribution or allowances for welfare activities.
For a closer look at how these two compare strategies, here is a useful table.
Source: Zane Benefits
Conclusion
examples are a useful way to learn about the options Benefits - particularly for employers on a small business budget. oriented organizational benefits have always been a way to provide benefits, but many employers are turning to benefit consumer-oriented to better meet the expectations of employees and control costs more effectively.
What questions do you have about benefits? What examples add to our list? Leave a comment or question below.
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