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The Advantages of Having an Employee Benefit Plan

The Advantages of Having an Employee Benefit Plan


Many small business owners mistakenly believe they cannot afford to offer an employee benefit plan. While going without benefits may boost your bottom line in the short run, that philosophy may impact your businesses’ chance for long term prosperity. While it is critically important to address the financial health of your organization it can be just as important to address the health of your employees. Next to salary, employee benefits coverage is the most important tool in attracting and retaining top talent.

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