Employee Benefits in Hollister, CA
Employee Benefits Information
Employee benefits are a crucial component of a solid compensation package. The agents at Shelton Insurance in Hollister, California, can help you create a benefits package tailored to your needs.
What Are Employee Benefits?
Employee benefits, also called fringe benefits, are perks or compensation provided to a company’s workforce in addition to wages. This form of compensation may be tangible or intangible. According to state laws, California employers must provide certain benefits, including unemployment insurance and workers’ compensation.
Your California business isn’t required to provide access to retirement accounts. Still, you must participate in California’s retirement savings program, CalSavers, if you choose not to offer retirement savings with your benefits package.
Importance of Employee Benefits
Many job seekers consider a potential employer’s total compensation plan when evaluating an offer of employment, including the benefits package. Providing access to numerous benefits can help you remain competitive in a tight labor market while keeping current employees happy.
When building a customized benefits package for your company, your agent may recommend that you include the following:
- Health insurance
- Dental insurance
- Vision insurance
- Flexible spending account (FSA)
- Basic life insurance and supplemental life insurance
- Accident insurance
- Disability insurance
How to Get Group Benefits for Your Employees
Business owners should be confident that their benefits package covers their employees’ needs and adds value to their total compensation.
Contact Shelton Insurance to learn more about building a high-quality benefits plan for your California company.
Employee Benefits
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