Facebook joins list of firms boosting same-sex benefits
If your firm is looking for a progressive way to bolster your benefits package, you may want to follow in the footsteps of these companies.
The option: covering the extra costs employees must pay when their partners receive domestic partner benefits.
Facebook became the most recent company to join a growing list of prominent businesses that now includes Google, Cisco, Bain & Company, Barclays bank and a host of others.
Employer-provided health benefits for domestic partners are currently counted as taxable income under federal law if an employees’ partner isn’t a dependent. This ends up costing same-sex couples an average of $1,000 per year more than a heterosexual married couple with the same healthcare coverage.
Facebook and others have decided to essentially provide extra compensation to cover those costs for employees with same-sex domestic partner benefits.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
White Papers
Provided by Personify Health
Further Reading
To prevent tax levies, employees may enter into voluntary agreements with IRS to repay what’s owed. That means Payroll may end up withhol...
Confirming when federal legal and banking holidays will occur in 2024 can help you avoid surprises on paydays, tax deposit due dates and re...
IRS has released 2026 mileage rates and other updates impacting employees who drive personal vehicles for work or employer-provided vehicle...
Employees may not understand lifestyle spending accounts (LSAs) as well as you think. That can lead to questions or just confusion. Thi...
If your company’s employees are like most, they’d score a big fat F on a financial literacy test. Every year, the Teachers ...
On Aug. 7, 2025, President Trump signed an executive order expanding 401(k) plans’ ability to include alternative investments – such as...
