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This added stress can drastically affect an employees finances, especially if they do not have an adequate amount saved and now, companies are providing solutions. Companies are helping employees make their healthcare costs more manageable through effective healthcarebenefits.
Employee benefits success is all about communication. A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcarebenefits, but almost half of employees don’t even understand the benefits their employer already offers.
By partnering with a PEO to offer competitive health insurance coverage, you protect the investment you make in your employees—happy, valued employees are less likely to leave your company in search of other opportunities. Which health insurance option is best for your small business? Connect with Genesis to get answers.
For example , Campbell soup company , a renowned brand in the food industry, takes pride in offering its employees an extensive range of healthcarebenefits. Among the standout features of their benefits package is the inclusion of a 401Ksavings plan, an attractive incentive for those thinking about their financial future.
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