Should I offer employee benefits?
Offering benefits to your employees is important because it shows them you are invested in not only their overall health, but their future. A solid employee benefits package can help to attract and retain talent. Healthier employees are also more productive.
Which employee benefits are most popular?
There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. There’s a wide variety of options and each of these can have differing employer contribution levels.
What are some examples of supplemental benefits?
A few examples of supplemental benefits are dental, vision, life, disability, “medical gap”, and cancer insurance. Many employers prefer voluntary (vs. employer paid) benefits because both the employer & the employee gain tax breaks.