You know you want to offer benefits to your employees, but you are strapped for time as it is running your business.
The good news is there are some easy ways for you to offer benefits without feeling like you have a part-time job on the site.
Defined Contributions
The easiest way to provide benefits for your employees. You decide how much you want to contribute to each employee’s benefits on a monthly basis (say, $100 or $400), and then your employees buy the health coverage that best suits their needs and preferences.
The bottom line: you help your employees with getting health insurance, and you know what your costs will be each month.
Maybe best of all: you don’t have to go through the hassles of finding a group health plan each year that everyone’s happy with.
Traditional group insurance
You can instead offer a group health plan to your employees, where your business sponsors the insurance and employees enroll in the one or two plan options you select for them. You can still contribute a fixed amount each month, but you’ll also have to invest some time in choosing the insurance carrier and the specific plan or plans you want to offer.
Contact us to help find the right solution for you.