Employee benefits are something every working American looks at when considering a job. Retirement plans, health insurance, dental insurance, paid sick days and so on. Offering these benefits can be a big deciding factor when they choose to work for you. When I took my last job, all of these were things I considered. But, there was also something else that pushed me toward the position.
Life insurance.
Sure, it’s not something many employers give much thought. Standard health insurance, paid days off and a 401k are obviously three of the big benefits potential employees look for. But offering your employees life insurance makes for a nice icing on the cake.
If you are wondering if it could cost your firm a lot, check out, Offering Life Insurance to Your Employees, an article on Yahoo Small Business. It covers the basic benefits of offering life insurance to your employees, including how paying for a group rate can be cheaper than you and them paying individually.
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