Here are the top 4 reasons to offer employee benefits:
1. Attract New Employees: Employee benefits offer tax incentive to both the employer and employee. Not to mention, the employee has access to better benefits for the price paid than they could with an individual policy.
2. Maintain the Highly Qualified Employees: As a company once you hire someone and they prove to be an asset to your company, you want to make sure they want to stay with you and not venture over to your competitors. Employee benefits is a way to do this by offering great medical, dental, vision, life, 401k, etc.
3. Improves Productivity: Small firms are faced with difficult situations if even one of their employees has to go on sick leave. When you offer health insurance, especially now that preventive care is covered at 100%, employees can stay on top of their health. Through early detection, the employee can help to reduce the amount of sick leave they may need by hopefully stopping health problems prior to starting or by being able to start treating an illness before it becomes extremely serious.
4. Tax Incentives: By offering employee benefits, the employer can have substantial tax savings. Also, if you meet the requirements for the Small Business Tax Credit you could be entitled to a percentage return of premium dollars spent.
If you want to explore offering EMPLOYEE BENEFITS or IMPROVING your current plans
call PrimeGroup Insurance Services (PGI) today:
561.578.6667
No comments:
Post a Comment