Benefits And Benefits Of A Small Business Employers Essay

852 Words Jun 20th, 2015 4 Pages
As more businesses begin to realize the advantages of offering employee benefits, the competition between companies becomes steeper.

In the past, small business employers may have found that offering health care and retirement benefits were enough to attract and retain the most qualified employees. As more small businesses begin offering these benefits however, that is no longer the case.

Now businesses are needing to become more creative with their employee benefits packages to give them an edge and attract the best employees. However, other than the traditional health care, retirement, and possibly life insurance packages, many small business employers do not have any ideas how to revamp their employee benefits packages.

Not to worry, there are many different ideas and benefits that a small business can offer that will get them a one-upmanship.

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Health Care Benefits

Providing health benefits to employees may prove to be beneficial to small businesses. Health insurance may help attract and retain the top qualified employees. Preventative care will help keep employees healthy and working, therefore, avoiding the costs of possible time and financial loss due to employee illnesses. Lastly, by providing health benefits, employees may feel that the business that they work for cares for them and may encourage loyalty and harder work from employees. All of these benefits aid in increasing the bottom line of small businesses, making the cost of health insurance…

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