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The last few years have been challenging in the job and labor market. The labor force is still at least 2 million below expected and hiring talented people will remain a challenge for several years to come.
Because of ongoing high inflation, households are being forced to spend $371 more each and every month on the same goods and services they did last year. That means that you are waving goodbye to $4,452 in unplanned expenses this year.
The last several years have brought unique challenges to the workplace. With every change, employers have been forced to adapt and change. One area we continue to see changes in is employee benefits. More than ever, companies must be creative with benefits packages that genuinely support the needs of their employees.
What’s the next big thing in sustainable public transport? It’s the bicycle. Specifically, city bike sharing programs.
Industry-leading employer benefits provider Edenred is here to help employers comply with the new law by setting up programs that benefit both employers and employees
As we get ready to ring in a new year, your employees are busy setting goals and making plans for 2023. What will matter most to them in the New Year, and how can you be sure your benefits align with their needs?
Confused about what is the transit benefit program? Let’s dive right in.
Transit benefit programs provide transportation benefits for commuters. Different municipalities and other governments have slightly different variations on what is a transit benefit program.
What each has in common is a reimbursement component to employees to encourage them to use mass transit. Employees are also eligible for the benefit for qualified paid parking. Below we answer the most frequent questions, take a look:
A pre-tax commuter benefit is when employees can have the monthly cost of their commute deducted from pay before taxes, which means more take-home pay and for employers, saving on reduced payroll taxes.