Many small-business owners mistakenly believe they cannot afford to offer benefits. But while going without benefits may boost your bottom line in the short run, that penny-wise philosophy could strangle your business's chances for long-term prosperity.
After all, in today's hyper-competitive business world, there are certain benefits good employees feel they MUST have.
You say you already have medical insurance in place? What about a retirement plan, disability insurance and more? Because sure as we're standing here, if you tell applicants no benefits are offered, they're going to be out the door faster than you can say "Bob's your uncle."
So here, courtesy of Entrepreneur Magazine, are the basics of employee benefits you need to get and keep the most important asset in your business: your staff.
Not sure what your next steps should be? Talk to us at 858-487-9200 and we'll point you in the right direction.