Benefits

Employers that offer voluntary benefits — such as health insurance, retirement plans and flexible spending accounts — are required by law to disclose certain information about the plans to employees. These laws aside, employees should understand the benefits available to them so they can make...

22 January, 2021

1. What's the difference between an HMO and a PPO?  With a health maintenance organization (HMO) health plan, the group member has access to doctors and hospitals that are within the HMO network. In other words, he or she can go only to doctors that are...

08 January, 2021

Smart companies are always taking a fresh look at the benefits they're offering. Here is what's trending and what you might want to consider adding. Student loan assistance   According to the Federal Reserve, Americans currently owe $1.5 trillion in student loans — the largest amount of nonhousing...

14 July, 2020

Payroll Partners is excited to announce our partnership with FinFit. FinFit provides a short-term loan* option that offers a responsible solution for employees so they can worry less about finances and focus more on their job, all provided at no risk to your company**. Get your employees on...

23 January, 2019

We all know that the cost of employee benefits is increasing. A "cafeteria plan" is one way to rein in those costs. Through this plan, employees can select from an array of benefits, a "cafeteria" offered by your company. Example: Suppose you are prepared to offer...

19 September, 2018

Building a business takes the complete and total dedication of all involved. Making sure customers are delighted while ensuring you are getting the best return on your investments is paramount to success. Finding ways to mitigate some costs can be a challenge.  First there is trying...

16 August, 2017