How Can You Attract Talented Employees To Your Small Business?

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Last Updated on July 30, 2021

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There is a saying that it is hard to find good help these days. If that sounds like something you are struggling with, then you need to do everything you can to attract talented employees to your small business. What are some of the ways that you can attract trained professionals who can contribute? There are a few factors that you should consider.

Go Beyond Compensation: Provide Retirement Benefits

Obviously, if you would like to attract talented people to your company, you have to provide competitive compensation packages. Even though this is important, there are ways you can make your company stand out. People care about much more than their salary. For example, you may want to provide competitive retirement benefits. This could include a 401k, a 403b, or even a Keogh plan. If you provide competitive matching rates, you may be able to attract more people to your company. After all, a lot of people have the goal of retiring one day. Providing competitive retirement benefits could make this easier for your employees. 

Always Offer Outstanding, Cost-Effective Health Insurance Options

It is also important for you to work with a small business health insurance broker to provide cost-effective health insurance options. Unfortunately, healthcare can be expensive. It is also one of the leading causes of bankruptcy in the United States. This is not something that you want to happen to your employees. That is why it is so important for you to find the right health insurance plan. You need to think about not only your employees but also their families. Try to find health insurance plans that are relatively inexpensive. They should also provide outstanding coverage for not only acute medical concerns but also preventative care. If you can shop around and look at various options, you should be able to find inexpensive plans that your employees will like. That way, you can attract talented people to your company. 

Extra Vacation Time Is Always Nice

Finally, people care about work-life balance. They care about it more today than they ever have in the past. Therefore, you should think about providing after vacation time. A lot of companies provide two weeks of paid vacation when someone is first starting; however, if you can provide a few extra days, you may be able to make your company stand out. Furthermore, if you provide more floating holidays, people will appreciate this. Think about providing extra sick days as well. If you can provide more time off, you will attract more talented people to your company.

Attract Talented Employees To Your Business

These are a few of the many ways that you can attract talented employees to your business. Your company is only going to be as good as the people who work for it. Therefore, do everything in your power to attract the best and brightest. That way, you can maintain an edge over your competition.

My Life, I Guess

My Life, I Guess is a personal finance and career blog by Amanda Kay, an Employment Specialist and older millennial from Ontario, Canada that strives to keep the "person" in personal finance by writing about money, mistakes, and making a living. She focuses on what it’s like being in debt, living paycheck to paycheck, and surviving unemployment while also offering advice and support for others in similar situations - including a FREE library of career & job search resources.

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