Have kids? 3 employee benefits making life a little easier
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ON-SITE CHILD CARE: Ten years before Melissa (Harris) Giambalvo even had children, the on-site child care option offered by her employer, pharmaceutical firm 勃林格殷格翰 , was a selling point to her accepting the job.?The Apple Blossom Learning Center is owned and operated by the company and managed and staffed by KinderCare Learning Companies . Having a child care facility just steps away is great for all working parents, Giambalvo says, but is especially valuable for new parents transitioning back to work.
"You don't have to pretend like your family doesn't exist between the hours of nine and five," says Giambalvo. "And you know every morning that your children are safe, that they are being cared for and that they are as close as they can possibly be."?
Read more about KinderCare's Apple Blossom Learning Center: KinderCare's on-site child care center helps parents at this pharmaceutical firm thrive
HSAS: Tax season is in full swing, and your employees are looking for ways to reduce their tax liability or maximize their refund. Yet, while most people are familiar with tax-saving tactics like claiming charitable donations, mortgage interest, and child care expenses, your employees may be missing a simple way to save an estimated 30% (depending on their tax bracket), by using a health savings account (HSA) to pay for common, everyday health needs.?
If your company offers a qualifying high-deductible plan and an HSA, take time to educate employees about how this tax-advantaged account allows them to set aside pre-tax dollars to pay for eligible health-related expenses, to fund and reimburse themselves for past eligible expenses, or to save for future healthcare needs.
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As tax time approaches, here are three ways employees can use their HSA to reduce their tax liability and support their health: 3 tips to help employees reduce taxes with an HSA
FINANCIAL WELLNESS: Teaching kids to make wise decisions with money is a top priority for working parents, but it doesn't always come easy. To help parents and their kids establish healthier money habits early on, Rego , a digital wallet platform, offers tools and guidelines around credit card usage and other financial literacy topics. Their app links to a family's bank account and allows parents to choose how much their child can spend and where they're allowed to use the card, among other features.?
"Kids tend to get a lot of their information from sources that you cannot control as a parent, and it makes it very hard to give them the right education and the right guardrails to make sure they're doing the right thing," says Robert Mancini, chief revenue officer at Rego. "The [Rego] app has to be opened and managed through a parent, and when they have the control, they can start instilling those values."?
Is the app right for your family? Check it out here: Make financial literacy a family affair with this digital wallet platform
CEO and Founder @ DSU Consulting | Attentive Preventative and Supplemental Care Management Program advisor
10 个月The best part about this, Lauren, is that no matter how many kids you have, they are all covered. Let's say, for agreement's sake, you have ten children; they are all covered under these programs. If you have any more questions, please feel free to reach out to me at 516-448-3173.
Head of Brand & Comms @ Compt | Former TV Reporter | Building narratives that drive change in HR tech
11 个月Love how this article outlines how certain employee benefits, like on-site child care, HSAs, and financial literacy tools, significantly support working parents. ?? We've seen Compt customers approach family benefits in a flexible way for working parents and those who may not have children, rather they're caring for their own aging parents. It's awesome to see how lifestyle benefits offer additional support to what their families need most, whether that's supplementing childcare costs, investing in health and wellness programs, or even educational resources for their children. It’s about giving employees the power to use their benefits in ways that most meaningfully impact their lives and their families, reinforcing the company's commitment to supporting their workforce's holistic well-being. ??