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What are fringe benefits? What employers need to know

Insperity

The biggest mistake employers make is not promoting and reinforcing the use of fringe benefits. Use your EAP to help promote various benefits to staff. By creating a thoughtful fringe benefits package, you can start to address those wants and not break the bank. You don’t want to just talk about them once a year.

Banking 255
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. Employee benefits information Does your organization offer health insurance or other types of benefits? health insurance, dental, vision, etc.).

Payroll 130
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Survey finds that Gen Z is actually the most likely to create a budget

Work Life

British bank NatWest’s recently released Savings Index includes some revealing statistics about Gen Z financial habits. Essential spending on items like vehicle insurance, rent, and food has gone up at rates significantly higher than that of wages. However, a new study is putting that notion to rest.

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Tips to Keep Employees Engaged and Motivated when they are Working-From-Home (WFH)

Vantage Circle

When an organization promotes learning among employees, it will instinctively keep them motivated and engaged. Organizations could also promote peer-to-peer learning among employees; this can become a medium for peer engagement. Promote Health and Wellness. This is the best time to make the most of the available technology.

Equipment 105
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The Rocket Money App Can Help Bring You One Step Closer to Financial Freedom

Success

Once you’ve downloaded the tool, simply connect your bank accounts and credit cards securely through Plaid to use the app. Just connect your bills, and the app’s team will work to lower costs of monthly expenses like cell phone bills and car insurance. household wastes $32.84 monthly on unused subscriptions. It’s simple.

Banking 52
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Making Taxes Less Taxing

Success

It’s so much easier than dumping receipts and bank and credit card statements in a box and manually going through each piece of paper every quarter. These programs also allow you to connect your business bank accounts and credit card. It’s worth taking each for a spin to get a better feel for what might work for you.

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Why millennials, not Gen Z, became the side hustle generation

Work Life

” She further explains that you have to pay taxes on side hustle income—and recommends deducting business expenses and using a separate business bank account and credit card to segregate expenses. Pickering says “most first-timers don’t understand the basic rules of tax implications.”