Potential employees look at working conditions, working environment, and employee benefits as primary factors in choosing employment options. Many employers now understand that to attract and retain highly qualified and skilled individuals in today's increasingly tight labor market; they must compete with a complete and competitive package of employee benefit options.
The upside is that employers providing these benefits may receive a tax deduction for the contributions made to employee insurance and benefit programs resulting in a lower out of pocket expense to you, the employer.
As a result of offering group benefits to your employees, you will potentially benefit from lower taxation, and increased loyalty, attendance and morale - a pleasant by-product of happy, content and secure feeling employees.
The components of a group benefit plan can include many of the following:
- Retirement Plan - 401(k), SIMPLE IRA, SEP, Payroll deduct IRA and ROTH IRA as well as others
- Medical Insurance / Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short and/or Long-Term Disability
- Increasingly, Long Term-care insurance
The top three benefits offered by employers are Medical, Dental and Retirement, in that order.
Call today for a complete quote. Benefit plans come in all shapes and sizes. The costs depend on the type of plans offered and the amounts you are willing to pay.
Call me today at 209-339-1825 to see the options for your business!
John G McCann
California Insurance Lic. #0B41232