How to Improve Employee Retention: HR and Benefits Strategies That Work

Learn how HR strategies, employee benefits, wellness programs, and benchmarking can help businesses improve employee retention and build stronger teams.

Learn how HR strategies, employee benefits, wellness programs, and benchmarking can help businesses improve employee retention and build stronger teams.
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An employer healthcare stipend is a fixed, often taxable, amount of money provided to employees to help cover costs for individual health insurance premiums, deductibles, or copays. Unlike traditional group plans, it offers flexibility by allowing employees to select their own coverage, often used by small businesses.
The ICHRA is a low maintenance, tax-free reimbursement account that you can use as a health plan. You simply reimburse your employees tax-free for their healthcare. An ICHRA satisfies the ACA requirement and scales with your team, allowing you to offer robust attractive health benefits.