Employee Benefits Group

Strategies for Competitive Staffing

As an employer, you have the opportunity to create an employee benefit plan that will improve the satisfaction of current employees and enhance recruitment efforts, as well as provide tax incentives for your company. A professional experienced in designing health, welfare and pension plans can assist you in creating a plan that is right for you and your employees, and that fits in with your overall budgetary requirements.

In order to remain competitive, as well as attract and retain top employees, employers are faced with the task of creating a winning compensation strategy that will not only accomplish these objectives, but will also stay in line with corporate budgeting constraints. It is a fact that employee compensation is much more than just a salary. It includes all the “perks”, such as vacation and sick time, company vehicles, corporate memberships and a variety of benefit options designed to provide employees and their families with, at a minimum, health insurance and retirement income.

Employee benefit plans fall into a number of categories, including:
    State and Federally Mandated Benefits
         • Workers compensation coverage
         • Unemployment insurance taxes
         • Social Security taxes
         • Medicare contributions
    Group Benefits
         • Group Term Life Insurance
         • Medical Insurance
         • Dental Insurance
         • Disability Income Insurance
         • Vision Insurance
    Retirement Benefits
         • Pension Plans
         • 401(k) Plans
         • Simplified Employee Pensions
         • Savings Incentive Match Plan for Employees
    Other Benefits
         • Group automobile insurance plans
         • Flexible Spending accounts
         • Medical expenses reimbursement accounts
         • Deferred compensation plans

A successful benefit package should meet your personal and business objectives. We will help you determine the benefit package that is best for your business, provide you with guidance and information you need to implement the plans, and provide the administrative services you choose to accomplish the goals you set.

Call Karen Meldahl CFP at 847-367-4448