Small Business Tips: Benefits

You win with people! As a small business, it is more important than anything… and attracting / retaining the right personnel the strongest component. Certainly, the culture at your work place and the financial compensation has a large part in both attraction and retention. However, the benefits that you offer as a small business will also go a long way in helping your staffing situation.

Creating a benefits package is an area that most small business owners struggle with. The basic benefits that most businesses should offer include: 

Each of these benefits can be outsourced to companies that offer these services with more resources than you would be able to offer if you hired an employee to take care of Human Resources. The best part, it is a fraction of the cost of hiring an additional employee!

If you haven’t visited your benefits package in a while, make it a New Year’s Resolution in 2011. You will be glad you did!

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