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Introduction to 401(k)s for small businesses

Business Management Daily

Candidates weigh a variety of factors when deciding where to apply or accept a job; compensation, room for growth, company culture, and of course benefits. A 401(k) is a fairly standard piece of a full employee benefits package. Roth 401(k). Enroll your employees.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There is risk involved in sponsoring a 401(k) Plan— we discuss this in detail in this article. There are several other types of retirement plans to consider, including Simple IRA, Roth 401(k), and more. Additional Benefits To Consider. Employee Assistance Program (EAP). A Savvy Rate-negotiating Partner.

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

This matching contribution further enhances the tax benefits and encourages employees to save for their retirement. Additionally, Roth retirement accounts offer unique tax advantages. Contributions to Roth 401(k)s or Roth IRAs are made with after-tax dollars, meaning they are not tax-deductible upfront.

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How Employee Perks Can Help Companies in the US

Vantage Circle

In an EBRI survey, it was found that the employee benefits package holds significant importance for job seekers, with 78% indicating that it greatly influences their decision to either accept or decline a job offer. The Bill & Melinda Gates Foundation provides a great benefits package to its employees.