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Additional Benefits
What other benefits can I offer my employees?
The basics include:
- Dental. Cleanings, x-rays and some coverage for dental services.
- Life insurance. Typically, a multiple of an employee's annual salary to provide for an employee's survivors.
- Long-term disability insurance. This pays a percentage of the employee's salary if she should become disabled and unable to work.
- Educational reimbursement. Providing employees an annual dollar amount for continuing their education. It is often required that the class be job related.
What other benefits can the company offer to attract employees?
The list here is almost endless. It includes:
- Fitness memberships
- Magazine subscriptions
- Legal services
- End-of-year bonuses
- Annual physicals
- Club memberships
- Company cars
- Estate planning
- Child care
- Scholarships
The only limitation is your imagination.