Remove Benefits Remove Compliance Remove Travel
article thumbnail

Understanding Service Awards and Taxation Benefits in the US and Canada

Vantage Circle

So, apart from enhancing performance and yielding a high return on investment, employee awards also offer tax benefits. Cash, gift certificates, travel, vacations, event tickets, bonds, stocks, and other intangible incentives are excluded from tax-deductible awards. times more inclined to remain loyal to their company.

article thumbnail

FAQs About Eligible Commuter Benefits Expenses

Zenefits

Commuter benefits ordinances may vary slightly depending on location, and employers determine which expenses are eligible. Can employees pay for parking with their commuter benefits funds? Can employees use commuter benefits funds for airfare? Generally, commuter benefits funds cannot be used for airfare. Generally, no.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

HR Fast Facts: FAQs About Eligible Commuter Benefits Expenses

Zenefits

Commuter benefits ordinances may vary slightly depending on location, and employers determine which expenses are eligible. Can employees pay for parking with their commuter benefits funds? Can employees use commuter benefits funds for airfare? Generally, commuter benefits funds cannot be used for airfare. Generally, no.

article thumbnail

10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. In this blog, we have handpicked some of the best benefits platforms that cater to all your requirements.

article thumbnail

Compensation Package: A Guide For HR (+ Free Template)

AIHR

With nearly 40% of mid-career professionals prioritizing mandatory paid leave and over 80% seeking comprehensive healthcare benefits, it’s clear that designing a thoughtful compensation package is key to talent attraction and retention. This is one of the main benefits of providing a great compensation package for employees.

article thumbnail

21 Types of Employment: Your Hire-To-Retire Guide

AIHR

This article looks at 21 different types of employment and how they can benefit your organization. Benefits: Apprentices may receive some full-time employee benefits—such as health insurance and paid time off (PTO)—especially in unionized industries. Benefits: Benefits vary based on company policies.

article thumbnail

Leave Management: Your 101 Guide for 2024

AIHR

billion in lost benefits to employees, according to research from the U.S. Travel Association. Benefits and challenges of employee leave management The 5 key processes of leave management Leave management software providers What is leave management? It allows for properly managing staffing levels and legal compliance.

Manager 87