May 2010: How Are You Managing Employee Benefit Costs?
by NicoleD, Former Moderator
- Created: January 22, 2011, 7:23 pm
- Updated: January 20, 2015, 10:02 am
There are two types of employee benefits: those employers are required to provide by law (like workers' compensation); and those employers offer as an option to compensate their employees (like pension plans). Required and optional benefits both have financial implications for employers.
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How Are You Managing Employee Benefit Costs?
For more on this topic, read the Business.gov article 'Employee Benefit Plans- What's the Law and What's Optional*.'
*Since this article was posted, health care reform was passed and SBA has provided fact sheets for small businesses, including how to take advantage of a new tax credit for employers.
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