What are Employee Benefits?

Employee benefits are part of your employees’ compensation package, in addition to hourly wages, salary, and bonuses or perks like i.d. theft, student loan programs, and pet insurance. Employee benefits can include medical, dental, vision, life, short and/or long disability, and retirement plans such as 401ks. 

Employee Benefits Consulting 

When you first meet with Jesse Consulting, you’re not going to hear a sales pitch. Our first goal is to discuss your goals and explain in detail how we work. If we’re a good fit, we can discuss your needs in detail and explore all the strategies and options at your disposal. We won’t snow you with complex grids or perplexing graphics, our job is to make Employee Benefits relatable and easy to understand. Choosing the right mix of products is a big decision that shouldn’t be taken lightly, but the process doesn’t have to be frustrating or difficult. Our clients routinely tell us how refreshing and enlightening is it to finally feel in control of their employee benefits program. 

Why Employee Benefits Matter. Are you an Employer of Choice? 

Employee Benefits are essential to the health and wellbeing of your employees, their families, and your company. For employees, quality insurance products can mean the difference between life and death, while also protecting their families in the event of a disabling injury or premature death.

For employers, quality benefits can be an essential recruitment and retention tool. When employees feel their employer is taking good care of them, they in turn remain loyal to the employer. Job satisfaction, performance, and productivity increase when employees are not worried about medical bills and having enough money for retirement. If some of your employees work or travel abroad, international plans can protect the safety and welfare of your employees. 

Who is required to offer an Employee Health Plan? 

 Employers with more than 50 or more full-time equivalent employees are required to provide health insurance to their employees, or a penalty can apply. This was established by the Affordable Care Act (ACA) on January 1, 2015, the employer mandate. 

Employers with 1 to 50 employees can offer a health plan to their employees to maintain competitive in their marketplace. Most of the rules for a larger employer apply to employers with less than 50 employees. 

Who Pays For Employee Benefits?

You and your employees can share in the cost of a health plan. Your company can cover more than the required minimums. Voluntary plans are an excellent option. Employees can pick and chose between dental, vision, life, and disability based on their family needs and how much they can afford.

Jesse Consulting offers a wide variety of Employee Benefits products, including:

Photography: Celpax courtesy unsplash.com.