Consider These Three Things When Choosing an Employee Benefit Program

With the passage of the Affordable Care Act in 2010, businesses have found themselves needing to offer their full-time employees health insurance. Additionally, job seekers are looking more and more at what benefits an employer offers them beyond their paycheck. Insurance brokers in New England like NorthStar allow your business to offer benefits employees are seeking.

Benefit Options

As an employer, you can decide what type of benefits you plan to offer your employees. Many job seekers look at companies that offer health benefits and paid time off. Other benefits can include a 401k plan, paid parental leave and additional insurance such as dental.

Budgetary Considerations

Offering employees a benefits package costs the company money to set up and fund. How much money your business can afford to spend impacts the type of benefits you can offer employees. You also need to consider how much of the insurance premium is the employee’s responsibility.

Benefit Programs

There are a variety of companies you can choose to use for your benefits packages. Some companies offer all-in-one packages, while others focus on one specific aspect. The types of benefits and the costs greatly impact the company you choose to use.

Using insurance brokers in New England like NorthStar allow you to offer your employees benefits through a company you already trust. Bundling your business insurance with your employee benefits package may save you money.