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A thorough employee benefit review is critical for every company, but particularly those that are considering entering and preparing for any M&A activity. Here’s a quick hit list of issues that should be reviewed and addressed: Have you benchmarked your Employee Benefitspackage against companies of similar size in your industry?
Topics being discussed include re-evaluating major areas such as corporate tax structure, executivecompensation, employee bonuses and depreciation of assets. A PEO can help you provide your employees with access to competitive benefits that include medical, dental and vision insurance, 401(k) retirement plans and much more.
A hacker can get through your weak password system or intercept an email in a phishing attack and take all of your sensitive employee compensation information. A benefitspackage for employees will be part of your complete compensation plan. Be Creative .
Customizable Packages Design benefitspackages that are modular and customizable. Allow employees to choose from a menu of benefits based on their individual preferences and priorities. Prioritize equitable workplace strategies for fair compensation and allow the additional benefits to act as support.
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