In today’s highly competitive marketplace, it is becoming increasingly difficult for business owners to attract and retain top talent. Designing an attractive employee benefit package may not be as difficult or as expensive as it may seem. Engaging an expert that understands the needs of smaller business enterprises makes a world of difference. Employers must have robust financial management and reporting systems in order to manage their plans and meet regulatory obligations. Our resource center can help business owners find solutions to commonly encountered issues.
Employers, sponsors and other plan fiduciaries face consequences and take risks every day in the normal course of business. Governance policies and procedures not only protects participants, it effectively shields employers, the board of directors and other fiduciaries from liabilities. Effective governance is vital for a business owner and management team to manage risks.
What are employee benefits? What benefits and perks can you expect to receive when you’re hired by a company? An employee benefits package includes all the non-wage benefits, such as health insurance and paid time off, provided by an employer.
A 4 01(k) is available in m any work places as a benefit to employees. It’s one of the easiest way s you can start investing and saving for retirement.