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2021 Benefits Guide for Domestic Faculty and Staff Memberswww.cmu.edu/hr/benefitsTable of Contents Benefits Enrollment3Eligibility and Benefit Plan Contacts7Medical and Prescription12Dental and Vision18Flexible
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Benefits in human resources refer to the various non-wage compensations provided to employees, such as health insurance, retirement plans, paid time off, and other perks that enhance overall compensation and support employee well-being.
Employers are typically required to file benefits related information for their employees, particularly those with 50 or more employees, as mandated by federal regulations like the Affordable Care Act.
To fill out benefits in human resources, an employer needs to collect required employee information, choose the appropriate benefit plans, ensure compliance with legal guidelines, and accurately complete any necessary forms or documentation.
The purpose of benefits in human resources is to attract and retain top talent, improve employee satisfaction and productivity, and provide financial security and support to employees and their families.
Employers must report information such as the type of benefits offered, employee participation rates, cost of benefits, and any changes to benefits plans as required by law.
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