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Long term Disability Picks Up Where New Jersey TDB Leaves Off

By pwsadmin | November 17, 2020

Under the Temporary Disability Benefits (TDB) law, business owners in New Jersey must provide temporary disability payments for up to 26 weeks to employees who are ill, injured, or had a baby. But 26 weeks is not a long time for a person with a significant injury or a life-changing illness to recover and go…

New Jersey Expands Family Leave Insurance Coverage

By pwsadmin | November 16, 2020

In addition to the benefits increase for New Jersey TDB (Temporary Disability Benefits) insurance, the state also recently increased its Family Leave Insurance (NJFLI) benefits for New Jersey workers to bond with a newborn or newly adopted child or to care for a seriously ill or injured family members. The more extensive FLI coverage can…

NJ Disability Insurance: Retain Employees Without a Raise

By pwsadmin | October 28, 2020

In competitive industries like the tech sector and telecommunications companies, employee retention and engagement drives an organization’s success. But what keeps employees motivated and engaged – especially in a time when the world seems to be in turmoil from every direction? One study from MetLife indicates that 1/3 of employees have experienced stress and/or burnout…

NJ Private Disability Insurance Can Help Employee Recruiting and Retention

By pwsadmin | October 27, 2020

As a smart NJ business owner, you understand your employees are your most treasured resource. And providing the right employee benefits can go a long way toward retaining top talent. Have you considered adding NJ private disability insurance to your list of benefits to provide employees with better service, faster payouts, and potentially lower premiums? …

5 Reasons to Privatize Your New Jersey TDB Coverage

By pwsadmin | October 26, 2020

Business owners have choices when it comes to New Jersey TDB (Temporary Disability Benefits.) You can buy through the state or through top-rated private insurance carriers.   Right now, 98% of New Jersey business owners purchase their disability insurance benefits through the state. Only 2% understand the tremendous rewards that come with purchasing through a…

Private Disability Insurance in NJ: What You Need to Know

By pwsadmin | October 24, 2020

The New Jersey Temporary Disability Benefits Law allows employers to provide private disability insurance in NJ. Although employers always had this option, privatizing NJ TDB has gained a lot of popularity after an important amendment in the law. Previously, business owners needed to obtain employee consent by signature from 50% + 1 of their employees…

New Jersey Disability Insurance Benefits Law Changes: What New Jersey Small Business Owners Need to Know

By pwsadmin | September 18, 2020

Are you a business owner in New Jersey mandated to purchase New Jersey disability insurance? 2020 brought major changes in the New Jersey Temporary Disability Benefits (NJ TDB) Law that business owners with one or more employees need to know.  This applies to every type of business in New Jersey, including:  Law firms Agricultural businesses…

Frequently Asked Questions About New Jersey TDB

By pwsadmin | September 10, 2020

When you privatize your temporary disability insurance (New Jersey TDB), you will receive the same – or better – benefits for the same or lower rates than the state-run program in New Jersey. To assist business owners making this switch, we answer some of the most frequently asked questions.  What is TDB? The New Jersey…

Disability Insurance in NJ: What Happens To Payroll When You Privatize Your Plan?

By pwsadmin | August 25, 2020

If you’re considering privatizing your disability insurance in NJ, you mightwonder how it will affect your company payroll. First, you should know that employees won’t detect any difference in theirdeductions. They will, however, notice improved service and faster, more flexible payouts if they have to make a claim. But your HR and accounting departments should…

Privatize Your New Jersey State Temporary Disability Benefits

By pwsadmin | August 25, 2020

Since the New Jersey State Temporary Disability Benefits Law INJ TDB) has waived the requirement to obtain employees’ consent for a private plan, there is a buzz among employers in NJ about privatizing New Jersey temporary disability insurance benefits. Not only has this amendment made it easier for employers to switch to a private plan but it’s…