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Introduction to 401(k)s for small businesses

Business Management Daily

Setting up a 401(k) for employees can be a daunting task for small business owners. It is one of the most highly regulated employee benefits. 401(k)s allow employees to set aside a percentage of their salary to plan for their future retirement. What is a 401(k)? How much does it cost to offer a 401k.

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16+ types of employee benefits you should consider

Genesis HR Solutions

For many small businesses, the struggle to compete with larger companies for talent is an uphill battle—particularly when it comes to benefit offerings. While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. Additional Benefits To Consider.

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

Other advantages of non taxable employee benefits: Cost savings for employees. This matching contribution further enhances the tax benefits and encourages employees to save for their retirement. Additionally, Roth retirement accounts offer unique tax advantages. Enhanced employee satisfaction and well-being.

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How Employee Perks Can Help Companies in the US

Vantage Circle

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. The Bill & Melinda Gates Foundation provides a great benefits package to its employees. And what are HR’s going to gain from it?