Employee Benefits Program Help Near Me

As a small- or medium-sized business in Indiana, you have dozens of things to think about on a daily basis. One of the most important parts of your operations is your employees and making sure that you have strong employee retention. At Harvest Wealth Partners, we can provide employee benefit program help near me that is designed to create benefit programs within your budget, your philosophy, and your goals. To learn more about our employee benefit program help for businesses like yours in Indiana, reach out to us today by phone or online. 

What Is an Employee Benefit Program?

An employee benefit program refers to a program that offers employees of a business indirect, cash, or non-cash compensation that goes beyond regular salary and wages. There are many benefits of maintaining a robust employee benefit program, including happier employees—which can in turn increase employee productivity, low employee turnover and saved costs for the business as such, and employee retention and acquisition benefits. Employers who offer good benefit programs tend to attract better employees, especially in today’s world where workers have more options. 

Components of an Employee Benefit Program

While all employee benefit programs are different, many have similar elements. Some of the most common features of an employee benefit program include:

• Medical insurance. Providing health insurance is one of the most fundamental employee benefits, but also one of the most expensive for a business. It’s important to work with a professional to find a plan that works for you. 
• Life insurance. Another important employee benefit is life insurance, which is usually funded in whole or in part by an employer. 
• Retirement plans. Most employers offer some sort of retirement plan, such as a 401(k) or 403(b) plan. Some employers will make contributions, including matching contributions in some cases. 
• Disability insurance.  In addition to the above, short- and long-term disability insurance is a common part of nearly all employee benefit programs. These benefits may be funded in whole or in part by the employer.

In addition to the above standard benefit types, many employers offer a range of other benefits. These include:

• Paid family leave
• Paid vacation and sick leave
• Bonuses
• Professional development funds
• Flexible work hours
• Employee health benefit (i.e. gym membership)

Of course, the above list is not inclusive. It’s important to work with a professional to figure out what makes the most sense for your business and your employees. 

Employee Benefit Program Help in Indiana

When you work with Harvest Wealth Partners, our professionals can perform an analysis of your business, your budget, and your goals in order to design an employee benefit program that makes sense for you. We know that your business is unique; we’ll make a recommendation that is personalized to you and your business. 

Call Harvest Wealth Partners Today

To learn more about Harvest Wealth Partners and our services for employee benefit program help near me, please reach out to us by phone or online at your convenience. We provide no-cost initial consultations.