Vestwell’s Post

You have to love a good success story! 🌟 Cirrus Asset Management was facing significant administrative and employee-related challenges that were holding them back. But after partnering with Insperity, they turned things around in a big way. Here’s a quick overview of their journey: Growth: Expanded from 20 to 200 employees. Efficiency: Streamlined operations and reduced administrative burdens. HR Solutions: Received comprehensive support to tackle everyday HR problems. This partnership allowed Cirrus Asset Management to focus more on their core business and achieve their growth goals. 🚀 #SuccessStory #HR #BusinessGrowth #Insperity #EmployeeBenefits https://lnkd.in/grmukjaQ

Roth employer matching is here, and 401GO is leading the way by offering this provision to its own employees! This new SECURE 2.0 provision allows participants to elect to have their employer's matching contributions designated as Roth. Many workers appreciate this because it gives them an opportunity to maximize post-tax growth. This could be especially valuable for companies that are looking to increase employee retention. It's a 401(k) upgrade that benefits employees with almost no added expense for employers. For details, contact the 401GO team. #401k #retirementbenefits #employeebenefits #employeeexperience

Why Automate your document workflow? Do you ever stop to think about how much paperwork just one employee can cause? From the moment you decide on a new team member, you will start to accumulate a plethora of different records, contracts, personal data and other information about them. Everything about their time with you, from employment offer letter to the offboarding process, generates something to be stored, often for years. Contracts, payslips, pensions, holiday forms, sickness details, addresses and all the other paraphernalia of employment mount up. All of it is vital, and much of it is a legal requirement. All that documentation needs looking after. Every bit of paper needs gathering, checking, indexing, and then securely storing so that it can be accessed when needed. The impact of this on your business is astonishing. Let’s take something as simple as issuing employees with their annual P60s. Most businesses will generate them automatically from their payroll software, so actually creating them is a relatively simple process. It is when you think about the time then taken to produce, collate, pack, post, deal with enquiries, confirm the process is complete, and then store your copies of them that things get a little frustrating. The employee time that needs to be allocated to what is a very simple task is incredible. Is it time you automated your workflow? Dm me to have a chat about how I can help you. #WorkflowAutomation #DocumentWorkflow #EffectiveWorkingPractices

It seems like every week we hear of another beloved restaurant or local business closing because it was time to retire. What if that business could keep going on by giving the employees a chance to purchase it? As a founding partner of EO EQUALS and through the FUND FOR EMPLOYEE OWNERSHIP, our goal is to help owners understand the benefits employee ownership offers and how it could help their business, their employees and their retirement plans. Learn More ➡️ https://lnkd.in/gt6aHYWT

As a #SmallBusinessOwner, one of your most valuable assets is your team. Offering benefits is important for retention—but making sure your employees understand them is just as critical: https://lnkd.in/gp4NWMEw

Need help simplifying the new hire paperwork process? Look no further! Vensure's complete guide covers everything from job applications to retirement programs, perfect for small businesses. Say goodbye to the hassle and click the link to learn more. #humanresources #paperworkmadeeasy #newhires #VensureHR https://ow.ly/ozbr30syWIO

How are you communicating important benefit information with your employees? We specialize in supporting companies in the 500 and under employee space to bring them features and support typically reserved for larger companies. We do like larger companies though too. 🤣 👍We create custom digital #EmployeeBenefitBooklets that are visually dynamic, and branded for your company. 👍These benefit booklets can be sent via #text to your employees making them #EasilyAccessable. We also create QR Code fliers as a companion to the booklet. 👍The #QRCodes can be posted in high trafic areas such as your breakroom, or in a New Hire packet, or #AnnualRenewal communication. Employees can easily scan the code with their phones increasing ease of access to important details about their benefits. ❓Did you know that even if you only have #2Employees... who want to participate you can offer a full benefits package that includes Medical, Dental, Vision, and Supplemental plans, Financial Literacy Education, retirement planning, and have tailored #BenefitsAdministration, #HRSupport, and #payroll without being tied to a PEO!? At #My360Benefits it is a tailored to you fit, we expand your capabilities, mitigate your risk, and help you optimize so you can Grow! #TheGrowthPiece🌱🧩 #My360Benefits #NoPEO

There are new updates to the form '5500 coming in 2023. Our Employee Benefit Plan Team at Withum put together a 2 min. read with more info on these changes. #ERISA #WithumShares

🔍 Navigating Vesting Schedules and Employee Benefits 🔍 Did you know you can tailor vesting schedules for your cash balance plan, profit sharing, and 401k? 🎯 This means employees need to stick around for up to six years to get the full benefits, aligning with your long-term goals. While this requires annual testing, it’s a strategic move to balance competitiveness and self-care. Stand out as an employer while ensuring your business thrives. After all, this is your baby! 👶 #EmployeeBenefits #VestingSchedule #CashBalancePlan #ProfitSharing #BusinessStrategy

🔍 Navigating Vesting Schedules and Employee Benefits 🔍 Did you know you can tailor vesting schedules for your cash balance plan, profit sharing, and 401k? 🎯 This means employees need to stick around for up to six years to get the full benefits, aligning with your long-term goals. While this requires annual testing, it’s a strategic move to balance competitiveness and self-care. Stand out as an employer while ensuring your business thrives. After all, this is your baby! 👶 #EmployeeBenefits #VestingSchedule #CashBalancePlan #ProfitSharing #BusinessStrategy