Credit: Nastudio / Adobestock
Benefits cost money to deliver. Plenty has been written about 401(k) matching contributions, health insurance and educational assistance, yet the company needs to shell out cash in order to deliver. Benefits represent about a third of an employee's total cost. Put another way, salary might represent 69% of labor costs and benefits add on 31%, bringing the cost to 100%. What benefits can you provide at little or no cost? And perhaps incentivize employees to return to the office?
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