Are you more confused than ever about administering benefits? If so, no wonder. Even a simple benefit plan can create a lot of paperwork and administrative hassles for a company. Worse, it’s becoming increasingly difficult for companies to compete in today’s job market without offering some sort of benefits program. Most workers today expect full employee benefits, and many believe they should receive benefits that are equivalent to those of government employee benefit programs. Even workers who meet minimum wages generally expect benefits similar to those provided by Wal-Mart’s employee benefits programs.
Like it or not, employee benefits have become mandatory for most employers. Not only does offering employee benefits help you compete, it can also be a great way to attract and retain qualified employees and encourage teamwork and morale within your organization.
If you are considering offering your employees an employee benefit program to remain competitive and … Read the rest