How to Create the Best Time Off Policies for Small Businesses
Posted: January 28, 2023
Every employee needs a day off occasionally. Many small businesses offer generous paid time off (PTO) policies as a way to compete with larger companies. Not only does this create an attractive incentive for top talent to hire on, but it also helps reduce employee turnover. What Is Paid Time Off? Paid time off is time employees can use for personal purposes while getting paid...
Here are the Advantages to Having a Health Savings Account
Posted: January 13, 2023
Many employers today are offering high-deductible health insurance plans along with health savings accounts (HSAs). The downside is the high deductible – the amount you must pay out-of-pocket for covered medical expenses before your health plan kicks in. Nevertheless, HSAs have a number of benefits for employees. How Does a Health Savings Account Work? An HSA is a medical savings account that is only available...
What Does a Top-Tier Group Benefits Package Include?
Posted: December 28, 2022
Most companies offer their employees some benefits, but the quality of these packages can vary widely. Top-tier group benefits packages are ideal, as these benefits help attract and retain the best talent in your industry, making it more possible for your company to win the hiring game in a competitive market. Retaining Top Talent – A Group Benefits Strategy that Works. Some companies are in...
Benefits That Will Spread a Little Cheer to Your Employees
Posted: December 13, 2022
Your employees rely on your company's benefits, including health insurance, dental insurance, or even the cost of education. The better the benefits package, the more likely you will attract the best talent – benefits are a factor in a competitive job market. Even with an excellent benefits package, spread a little cheer to your employees during the holidays by offering some unique benefits. Holiday Bonuses...
Should I Offer Multiple Health Plans?
Posted: November 28, 2022
After monetary compensation, health insurance is the most desirable benefit for most employees. If you offer only one health plan, your employees are limited in their healthcare choices. Offering a choice of health plans can make your benefits package significantly more attractive to existing and prospective workers. What Are the Benefits of Offering Multiple Health Plans? Offering multiple health plans empowers employees, and it can...
