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Why Offer Your Employees Benefits?

Here are some of the reasons employers offer benefits:  
  • To attract and hold capable people.
  • To keep up with competition.
  • To foster good morale.
  • To keep employment channels open by providing opportunities for advancement and promotion as older workers retire.
A combination of benefits programs is the most effective and efficient means of meeting economic security needs. For many employers, a benefit plan is an integral part of total compensation, because employers either pay the entire cost of a benefit plan or have employees contribute a small portion of premium costs for their coverage. 

    © 2012, 52 Weeks to Prosperous Living