Benefits

Everything You Need To Know About Paid Time Off (PTO) In 2026

Paid time off (PTO) refers to a period of time when an employee does not work but is still compensated for the time as if they had worked.

Unlimited Vacation Policy: What Is It And How Does It Work

Unlimited vacation policy, also called unlimited paid time off (PTO) allows for an employee to take as many sick, personal, or vacation days that they want, as long as their work is complete.

Everything You Need To Know About UPS Pension Plans

Everything You Need To Know About UPS Pension Plans in 2026 For many Americans, pension plans remain a vital component in building a secure retirement. As a UPS employee, your hard work contributes significantly to your pension plan, giving you added peace of mind. Understanding how UPS’s pension plan operates and its potential future direction […]

What Is COBRA Health Insurance?

Summary: COBRA health insurance is a program that allows eligible employees and their family to maintain their health insurance coverage that would otherwise be lost due to termination or a reduction in hours. There’s plenty of worries that come along with separating from a job, some of which include maintaining finances, managing a professional exit, […]

What Is Workers’ Compensation?

Understanding Workers’ Compensation in 2026 In today’s fast-evolving work environment, understanding the nuances of workers’ compensation is vital for both employers and employees. Each state maintains its own workers’ compensation laws, yet there are commonalities that can help demystify the process. Workers’ compensation insurance is designed to safeguard businesses and employees in the event of […]

Overtime Pay: What It Is And What You Need To Know

Overtime Pay: Essential Insights for 2026 Long workweeks can feel overwhelming, requiring significant time and energy. However, if you are based in the United States and meet specific criteria, you are legally entitled to overtime compensation. Understanding overtime pay is crucial for every employee. Key Takeaways: Overtime pay is compensation mandated for non-exempt employees working […]

Everything You Need To Know About Flexible Spending Accounts (With Examples)

Everything You Need To Know About Flexible Spending Accounts (With Examples) Understanding the intricacies of your employer benefit plan can be challenging. One of the most commonly misunderstood benefits is the flexible spending account (FSA). In this article, we will clarify what a flexible spending account is, how it functions, and whether it’s a smart […]

Mileage Deduction: IRS Standard Mileage Rates

Mileage Deduction: IRS Standard Mileage Rates for 2026 Large corporations often have the resources to hire full-time drivers to take care of their transportation needs. However, small business owners, particularly those who are just starting out, frequently rely on their own vehicles for business operations. For many small business owners, owning a reliable vehicle is […]

What Is A Health Reimbursement Arrangement (HRA)?

Understanding Health Reimbursement Arrangements (HRAs) in 2026 When you begin a new job, your employer will likely present you with documentation outlining your benefits, which can often feel overwhelming. Insurance terminology is frequently filled with acronyms, making it essential to grasp the concepts to select the best options for you and your family. This article […]

What Is Hazard Pay? (With Examples)

What Is Hazard Pay? (With Examples) If you work in a job characterized by significant risks or physical hardship, you may qualify for hazard pay. This additional compensation is designed to reward employees for taking on roles that expose them to extreme physical stress or dangerous conditions that cannot be mitigated with protective equipment. Hazard […]

Commission: What It Is And Examples

If you’re a top-performer at your job, you may feel dissatisfied with the standard 2% raise you’re given each year. After all, it only seems fair that greater contributions bring greater rewards. For professionals like you, commission-based jobs may be the perfect solution. While they carry greater risk, they also provide the opportunity for unlimited […]

Family And Medical Leave Act (FMLA): What It Is And Examples

Family And Medical Leave Act (FMLA): Overview and Examples When personal or family health issues arise, the federal government provides employees with the opportunity for time off through the Family and Medical Leave Act (FMLA). This act ensures job security during challenging times, allowing individuals to focus on their family needs and health concerns. Key […]

Paid Holidays: What And When Are They?

Paid Holidays: What Are They and When Do They Occur? In today’s competitive job market, employers provide compensation beyond just a salary. A comprehensive benefits package typically includes various forms of paid time off, which is essential for employee well-being. Offering paid time off not only enhances employee satisfaction but also boosts motivation and productivity. […]

Discretionary Vs Non-Discretionary Bonus

Discretionary Vs Non-Discretionary Bonus: A Comprehensive Guide for 2026 As a business owner in 2026, you’re likely considering how to reward your dedicated employees with bonuses. The decision between offering discretionary or non-discretionary bonuses is crucial. Which type of bonus should your organization implement to maximize motivation and productivity? Choosing the right bonus structure not […]

What Is A Floating Holiday? (Policies, Examples, And Differences From PTO)

What Is A Floating Holiday? Policies, Examples, And Differences From PTO Providing employees with paid time off benefits is essential for enhancing motivation, productivity, and overall job satisfaction. In addition to a competitive salary, offering time off is a strategic investment in an organization’s long-term success. Each company has its own approach to managing employee […]

Comp Time: What It Is And Examples

When an employee puts in more than 40 hours in a given week, it’s considered working over a full-time schedule. Most organizations will compensate this time by paying them overtime pay for the extra hours they worked. Some, however, will opt to supply their employees with compensatory time instead. Key Takeaways: Compensatory time, also known […]

How Does Tuition Reimbursement Work?

It’s no secret that college is expensive. Whether you’ve just graduated from high school or have been a member of the workforce for a while, this cost is a significant deterrent to many potential students, as it can be difficult to work and study at the same time. The good news is that there are […]

How Does Holiday Pay Work? (With Examples)

The holidays are a time to eat homemade dinners, spend time with loved ones, and appreciate the good things in life. For some professionals, though, the office stays open through the holidays, and they’re expected to be there. If this is the case for your job, you could be wondering whether you’ll be compensated extra […]

What Are Union Benefits?

Labor unions play an important role in our economy. They are an aspect that promotes economic democracy and ensures the protection of their members. If you’re considering joining a union, taking a union job, or simply wanting to know what the pros and cons of doing so are, keep reading to find out more about […]

What Are Stipends And How Do They Work?

Stipends are payments made to individuals who are ineligible to receive a regular salary for one reason or another. In this article, we’ll go over exactly what a stipend is, who usually receives one, and the key differences between a stipend and a salary. Key Takeaways: A stipend is a form of income that covers […]

Everything You Need To Know About Employee Stock Options (With Examples)

Everything You Need to Know About Employee Stock Options (With Examples) Understanding compensation packages can be complex. One increasingly popular benefit, particularly among start-up companies, is employee stock options. Once primarily reserved for executives, stock options are now offered to employees at all levels. In this article, we’ll explore what employee stock options are, provide […]

What Is A Comprehensive Benefits Package? (With Examples)

What Is a Comprehensive Benefits Package? (With Examples) When evaluating a job offer, salary is undoubtedly a critical factor. However, savvy job seekers recognize that base salary is just one component of the total compensation package. To fully understand the value of your employment contract, it’s essential to consider the benefits your prospective employer offers. […]

How To Cash A Paycheck Without A Bank Account?

Receiving a paycheck is an exciting milestone, but if you lack a bank account, you might feel uncertain about how to cash it. In this updated guide for 2026, we’ll explore various options for cashing a check without a bank account, highlight the most cost-effective methods, and outline what you need to bring with you. […]

Leave Of Absence: What Is It and How Does It Work?

Leave of Absence: What Is It and How Does It Work? There are various reasons you might need to take a leave of absence, and understanding this process can significantly benefit your career and well-being in the long run. Before you prepare for your leave, it’s essential to strategize your approach. Begin by reviewing your […]

The Best (And Worst) Jobs For Maternity Leave

The Best (And Worst) Jobs For Maternity Leave in 2026 Maternity leave in the United States remains a complex issue. As of 2026, the U.S. is still the only developed nation that does not guarantee paid maternity leave for new mothers. This absence of a national policy means that companies are left to establish their […]

Differences Between Semimonthly Vs Biweekly Pay Schedules

Differences Between Semimonthly Vs Biweekly Pay Schedules As you embark on your job search in 2026, it’s crucial to navigate the vast sea of information available. Understanding the nuances of employment, including pay structures, can significantly impact your career choices and financial planning. This knowledge will not only streamline your job hunt but also align […]

How To Make Work From Home Permanent After Covid

How to Secure a Permanent Work-from-Home Arrangement in 2026 While the challenges of the pandemic are now in the past, the shift towards remote work has emerged as a lasting benefit for many professionals. In 2026, a significant number of employees continue to prefer the flexibility that comes with working from home. Not only do […]