In the US today, the need to provide employee benefits is more emphasized for large businesses compared to small businesses due to the difference in the number of active workers. Also, the larger the workforce of an organization, the easier it is to land attractive benefits packages. That said, small business employee benefits are still very important as they play a major role in the quality of life that employees experience. For owners and employees of a small business,
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Employee benefits are one of the most important parts of a compensation package. In today’s workforce, benefits like health insurance, paid leave, and retirement plans play a big role in attracting and keeping good employees. But a common question among both small business owners and HR managers is: Are employee benefits required by law in the US?
The short answer is: some benefits are required, while others are optional. However, even the
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