Many employers have heard the term voluntary benefits, yet few employers have chosen to exercise this available asset. "Only the larger corporations can afford to offer them..." ; "I would look into it but our company is too small, maybe when we get some growth..." ; "I already have my plate full, I don't need more work..." . These are all statements we have heard over and over again, but are they really true?
Fact # 1 - Voluntary Benefits are FREE, Voluntary Benefits cost the employer nothing. Although employers can contribute it is in no way required. Any size organization from 2 - 5,000 can offer voluntary benefits.
Fact # 2 - No company is too small, even a 2 employee company can offer some form of voluntary benefits. Starting early may even help retain those key employees essential to your companies growth!
Fact # 3 - Voluntary Benefits can and will take little or no time from you as an owner. Every agent/broker offering voluntary benefits knows that employers are constantly pulled in every direction, and they know the best service they can offer is to do the leg work. Your agent should be getting company information, quoting and creating marketable pieces to your employees whether by a payroll stuffer, health and wellness fair or one-on-one appointments.
With the current economy and workload, availability of funds are limited and just like you as an employer your employees are constantly looking to better their situations. Head them off before they head off with a volunaty benefits package, show them their importance and your investment in them. Higher retention, better productivity and over all morale will improve immediately and you have done nothing beyond asking what can I offer my company.
For more information email: John@jaknappagency.com
or go to: http://www.jaknapp.com/
Adam Griggs
Program Manager/Broker
JA KNAPP AGENCY
