The right benefits administration system will improve efficiency and help ensure compliance with healthcare regulations. If you’re like many benefits administrators, you may feel like “a department of one” But worry not; the right benefits administration software, like the software GoCo offers, will give you the vital support you need, taking over many of the arduous […]

If you provide group-term life insurance to your employees, you might need to think about imputed income. It applies whenever you provide an employee more than $50,000 worth of life insurance. So what is it, and how does it work? You’re probably familiar with the concept of providing pre-tax benefits to your employees, such as […]

A waiting period is the amount of time a new employee has to wait before benefits kick in.  A company can choose a 0-day, 30-day, 60-day or 90-day waiting period for medical benefits. The advantage of a longer waiting period is that the company saves a few months of premium payments on a new hire’s benefits. […]

This is a guest post by Jennifer Fitzgerald from PolicyGenius. Should a startup offer benefits to employees? This question cuts to the core of founders’ day one issues: cash burn, talent recruitment and company values. So what’s a startup to do? A recent article in The Wall Street Journal suggested that startups shouldn’t worry about […]