Typical benefits in small businesses
- Why provide benefits for small businesses.
- The pros and cons of providing benefits to small businesses.
- Benefits in small businesses
- Other Benefits
- Importance of small Business
- Importance of providing benefits to employees
Pros:
- Recruiting and Retention
- Improve morale
- Tax
- Contributes to productivity
Cons:
- Higher cost
- Higher insurance
- Healthcare Benefits
- Retirement
1. Why retirement necessary for small business.
- Paid Time Off (PTO)
- Life and Disability Insurance
- Importance of providing healthcare
- ACA
- example
2. 401 (K)
3. SEP-IRA
- Specific content
- Reason
- How to provide the PTO
- Example
- Term Insurance
- Permanent Insurance
- STD & LTD
- Training opportunities
- Free Food
- A relaxed work environment
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