Staying Competitive with Health Care Benefits
As an employer, you have the opportunity to play a pivotal role in the health of your employees by providing them with health care benefits.
In today’s competitive work environment, employees have options when looking for employment. One key differentiator that employees are looking for is a company that looks out for its employees by offering a quality health insurance plan. What else can this mean to your company?
- Attract and retain quality employees
- Healthy, productive employees who miss less work
- Higher employee job satisfaction
- Tax savings for the employer and employees alike
- Davis-Bacon/Prevailing Wage Savings
According to a 2022 report from the Bureau of Labor Statistics, 75% of workers in the construction industry are offered health care benefits, with a high percentage of that total coming from union employees. As these numbers continue to increase, competing with these larger companies will be more challenging than ever if you are not offering these benefits to your employees.
Many contractors hesitate to offer medical benefits because they think it will be time-consuming and complicated. But Beneco can help you every step of the way. Not only will we go through all the steps to ensure your compliance, but we will also help you maximize your fringe dollars to provide the benefits your employees want while saving your company money!
We know how important your employees are to your business’s success. Click the images of our handouts to learn more about medical benefits and how you can help your employees’ health and grow your business!
Contact Beneco today to learn about our health care benefits, and how you can save money offering these benefits with prevailing wage dollars!