Benefits are one of the most effective tools to attract and keep employees, but it can be hard for employers to keep up with their costs, especially now, when insurance rates are rising dramatically due to the COVID pandemic. Because of rising costs, smaller companies often find themselves at a disadvantage when it comes to benefits. But it doesn’t have to be this way. There are other benefits beyond medical and retirement that your company can offer. Offering these non-traditional benefits can be a very effective way to increase employee engagement and attract new talent without breaking the bank.
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