Value To Your Company
Most established businesses offer group benefits, and most employee’s expect them. For a growing business with a tight budget, you might wonder if it’s worth the cost. Investing in a good benefits program helps attract and keep top employees. It can greatly enhance the prestige and success of your business.
Consider the true cost of maintaining your staff. Compare this with your investment in a group benefits program; you will see how it will save you money in the long run.
The actual expense involved in hiring an employee are not just in their salary. Factor in any fees from an employment service or recruiter, and your investment into training them. Double those costs if you must replace this person.
In today’s marketplace, employees will leave a company with no benefits, for one that has them. Popular benefits include dental and massage coverage, followed by chiropractic care and prescription drugs. Your FORTAX Financial Advisor can show you how to create a plan that employees will want.
Finding top talent, and keeping these quality employees, is the tangible value for your business. The cost to hire and fire staff is much higher than what you will pay to offer benefits.