Since the affordable care act more and more small businesses are dumping employee benefits.
Why would they do that?
First of all businesses with 50 or fewer employees are not required to offer health insurance under Obama Care.
In a moment though we will discuss why you might want to invest in employee benefits in Atlanta for your business.
In this survey:
- Only 40% plan on offering coverage in 2015.
- Only 28% plan on offering it in 2016.
Small businesses face higher costs.
It has been particularly hard on small businesses since healthcare costs are rising.
They are encouraging employees to get coverage on the public health exchange since they might have pre-existing conditions.
They also remind them that they might get government subsidies that the employee wouldn’t get if they got employee benefits.
What about your small business?
REMEMBER that to attract the best employees a group plan can certainly make a difference.
Group benefits packages may include:
- health plans
- life insurance
- disability insurance
- Retirement plans
What makes up a quality benefits package can be different from person to person, but believe us it is a major deciding factor for your next future employee.
This can get really complicated for a small business to tackle on their own.
The easy thing for them to do is NOTHING.
So they LOSE out on the best employees.
If you want to ATTRACT and maintain quality employees, you will need to offer a customized and competitive benefits package, and working with an outsourced provider can help you to get the most coverage for money and industry.