Core Benefits Solutions for Small Business
Core benefits usually include a medical plan (which may also include dental and vision), life and disability, a dependent care account, a cafeteria plan (Section 125 which allows employees to make pre-tax contributions towards their benefits). Along with these benefits, a retirement plan is also considered part of the core benefits.
Employers may share the cost of these benefits with the employees who may in turn opt out of these benefits if coverage is obtained through a spouse or family.
Depending on your state, there may be minimum requirements on eligibility and cost sharing that must be met by the employer.
The employer's cost of installing a benefits plan will depend on the choice of coverage and cost share with employees. Yet, employees' morale and satisfaction at work is considerably higher when benefits are available. Moreover, core benefits have come to be expected by most permanent full-time employees.
We offer enrollment services (bilingual) to companies having 25 to 1000 employees in the states of CA, FL, MA, NY, NJ and TX
Contact us to help you design a core benefits package that fits your company's specific needs.
|