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Enhancing employee benefits can be achieved through effective communication of the rewards you offer. A focused approach on communicating these benefits can significantly increase morale, performance, and retention. For example, leveraging your experience in strategic planning, you could develop a comprehensive communication plan that highlights the value of group medical, dental, vision, life, disability income, and qualified retirement plans to your employees.

Did you know that 70% of employees will remain with their employer if they are satisfied with their benefits? 🌟 At Coastal Wealth Benefits, we prioritize offering top-notch benefits to ensure our team stays happy and fulfilled. Explore the amazing benefits we provide and see why our employees love working with us. #CoastalWealth #EmployeeBenefits #RetentionMatters #CareerGrowth #WorkLifeBalance #HappyEmployees #BenefitsPackage #EmployeeWellbeing #FinancialSecurity #HealthBenefits #RetirementPlans #EmployeeSatisfaction #TopEmployer #CompanyCulture #WorkPerks #JobSatisfaction #EmployerOfChoice #TeamHappiness #BenefitsThatMatter #EmployeeEngagement #CareerSatisfaction #WorkplaceWellbeing #EmployeeSuccess #TalentRetention #EmployeeLoyalty #WorkplaceCulture #EmployeeSupport #GreatBenefits #TeamMorale #EmployeeExperience

Need to know the 401(k) plan limits, HSA contribution limits, or dependent care FSA limits for 2024? This handy chart provides that info, along with other benefit plan limits and thresholds for 2024. Most saw increases for this year, including a hefty $15,000 increase in the employee compensation limit for calculating contributions to 401(k)s. #employeebenefits #benefitplanlimits #benefitplanthresholds https://lnkd.in/e9Upckb7

Did you know that the benefits your work pays for aren't always paid in full?? Here's what I mean ⬇️ ⬇️ Every week I review clients employer benefits packages. In doing so, most people don't understand how their financial insurances work. For example, you may have 60% LTD (long-term disability coverage) that your employer pays for. Great, but how is that benefit paid out? The employer pays the insurance premium making the benefit TAXABLE, lowering the NET benefit well below "half of your paycheck". It's important to actually understand how your employer benefits work, after all they are for YOU. For more information, feel free to message me.

Let’s talk about employee financial wellness!! 46% of employees live paycheck to paycheck…. 😱😱 Learn more about ways your organization can help your employees reach financial freedom!! Read here: https://lnkd.in/gtCmMpUY How does partnering with a PEO help? Stabilizing costs around medical and can impact employee’s paycheck, and if your organization shared liability with the largest PEO (ADP *wink wink*), you as the employer have the freedom to be a blessing to your employees in whichever way you choose, guided by our strategic HR team.

💎 Gem #50 💎 Help your employees uncover the hidden incentives in their benefits plan to support them financially during their leave. 💎 Post a short video interview with a financial advisor discussing the importance of utilizing benefits during a leave of absence and how to get started. 💎 Create an Employee Toolkit with the following gems: ✨Identify key benefits by listing all financial benefits available during leave, including short-term disability, paid time off, and any special leave programs. ✨Highlight hidden incentives by pointing out lesser-known perks such as flexible spending accounts, wellness programs, or any financial assistance plans. ✨ Include links to relevant documents, forms, and contact information for HR support. ✨Develop easy-to-follow checklists to help employees understand the steps they need to take before, during, and after their leave. 💎 Upcoming LOA Event: We're hosting a webinar on leave of absence later this month, July 31st. Register here: https://loom.ly/7VMxBVU Remember, it's important to help your employees know all their financial options before going on leave. Let's maximize their benefits together! #employeebenefits #beneFITtreasures #employeeengagment #hrleadership #empoweringpeople #enhancingculture #benefitspeopleculture #brokerguide #TuesdayTips #benefitsbrokerbarbie

Leave sharing offers several advantages to organizations, from helping companies attract and retain talent to allocating benefits expenditures more efficiently and reducing unfunded liabilities. Read Rob's thoughts about leave sharing in his latest for theHRDIRECTOR. 

Did you know you can offer your employees valuable benefits—like dental, vision, short-term disability, and more—on a voluntary basis? Even with a budget, you can give your team the perks they deserve without the extra cost. We want to help you create a benefits package that works towards the success of your business and positively impacts your employees. Contact us to learn more about employee benefits today!

𝗪𝗵𝗮𝘁 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗰𝗮𝗻 𝗜 𝗼𝗳𝗳𝗲𝗿 𝗺𝘆 𝘀𝘁𝗮𝗳𝗳 𝘁𝗼 𝘀𝘁𝗼𝗽 𝘁𝗵𝗲𝗺 𝗹𝗲𝗮𝘃𝗶𝗻𝗴? Strengthen your team's loyalty and satisfaction with these cost-effective employee benefits to retain your valued team, as suggested by Matthew Turner in Architects' Journal: ✅ 𝗦𝗮𝗹𝗮𝗿𝘆 𝗦𝗮𝗰𝗿𝗶𝗳𝗶𝗰𝗲 𝗦𝗰𝗵𝗲𝗺𝗲𝘀: Leverage tax-efficient models for extra pensions, cycle-to-work, childcare support, and financial wellbeing programs. Ensure employee uptake to maximize the win-win scenario. ✅ 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: Tap into the growing online course industry for affordable skill enhancement. Enhancing job satisfaction, it's a cost-effective strategy for retaining talent. ✅ 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝘄𝗶𝘁𝗵 𝗧𝗶𝗺𝗲: Prioritize flexibility as a key benefit. Compressed hours, distance working, and various schedule options enhance the appeal of your practice to employees. ✅ 𝗩𝗼𝗹𝘂𝗻𝘁𝗲𝗲𝗿𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀: Offer a community-centric benefit without straining your budget. Volunteering opportunities foster a sense of giving back among your team. ✅ 𝗛𝗼𝗹𝗶𝗱𝗮𝘆 𝗧𝗿𝗮𝗱𝗶𝗻𝗴: Implement a practical benefit allowing employees to buy or sell annual leave. Enhances flexibility without significant costs, catering to diverse personal needs. ✅ 𝗨𝗻𝗽𝗮𝗶𝗱 𝗦𝗮𝗯𝗯𝗮𝘁𝗶𝗰𝗮𝗹𝘀: Recognize and reward loyalty with rare unpaid sabbaticals. While potentially impacting short-term business operations, it promotes rejuvenation for a stronger return to work. Read the full article in Architects' Journal for detailed insights : https://smpl.is/8lihi #employeebenefits #jobperks #jobretention

Optimizing your 401(k) plan doesn't mean compromising on benefits. This guide shows how tailored strategies can help offer cost-effective solutions while enhancing your employee benefits package. #401k #HRStrategy #Worcester