Why Employee Benefits?
Employee benefits represent a major investment on behalf of employers. On top of that, group insurance premiums are rising for drugs, medical services and supplies and dental care.
So, why have a benefit plan at all? Well, we think a well-constructed benefit plan can actually help your business save money in the long run.
Employees look at their benefit packages as a key part of their overall compensation. Their benefits can provide employees the comfort of knowing routine and unexpected medical expenses and dental care will be covered for themselves and their dependents. Also, the right mix of benefits can also help ailing employees return to work much quicker.
Quite simply, employee turnover tends to be much lower when employees feel they are well looked after when it comes to wages and benefits.