KEY POINTS Any wellness incentive that is not medical care is taxable, unless it is a nontaxable fringe benefit. Nontaxable benefits may include T-shirts, water bottles and sports tickets. Gym or health club memberships are generally taxable. Cash and cash equivalents are always taxable. COMMON MISTAKES Assuming that all incentives are nontaxable because wellness programs […]
Employer-sponsored leave-sharing programs enable employees to share their paid leave time with other employees who need additional time off. Employer-sponsored leave-donation programs allow employees to forgo their paid leave time in exchange for cash donations made by the employer to charities. Tax Considerations Unless the program meets IRS guidelines, the donated leave will be taxable […]
Those 45 minutes on the elliptical may seem like an eternity – especially when you do it on a daily basis – but taken as a whole, we spend a paltry percent of our lives on physical fitness, new analysis reveals.
More than 50 percent of Americans believe they’re overweight, according to a newly released poll of full-time workers, conducted by online job search portal CareerBuilder.
Recognizing the high cost of health care and in a bid to help workers keep more of their hard-earned money, a larger percentage of companies are paying more for staff members’ employee benefits, a new study confirms.
Paid time off is something that most employees value as highly as employee benefits, if not more so. Yet routinely, workers are leaving millions of hours of unused vacation time on the table.
‘Tis the season for the spreading of holiday cheer with family and friends gathered from far and near. Based on a recent poll, however, many Americans aren’t taking their Christmas pleasantries with them to the office.
When it comes to the employee benefits workers most want – and the willingness with which business owners are inclined to provide them – more companies are using a conciliatory approach rather than “take it or leave it,” based on a newly released survey.
More than 95 percent of working parents say they’ve experienced burnout – i.e. extreme physical or mental fatigue, mainly caused by stress – on at least one occasion before, based on a recent poll conducted by education and advisory services firm Bright Horizons.
Nearly 40 percent of organizations today offer employee benefits in order to retain employees and recruit for open positions, based on recent polling numbers produced by the Society for Human Resource Management.
