Employee Benefit Plan Selection

The first step is determining exactly what kind of benefits you want to provide, your budget and your options. We can help you determine what the standard benefits are for businesses like yours and how much you’ll need to spend to be competitive. 

Benefits are an important form of compensation for many workers, so you may have trouble attracting the best and brightest if you don’t offer good benefits. However, not all benefits are made equal. You may be able to find affordable solutions that still offer good health and retirement plans for your workers. 

We work with a number of top benefit providers to offer advantageous packages to clients who use our benefit consulting services. It’s helpful if you come to the table with input from your current employees about your existing benefit plans. Knowing what your employees like, dislike and would prefer can help guide your decision making. 

You don’t necessarily have to jump straight to top-tier benefits. Many business owners like to adopt a three-to-five-year plan of benefit implementation. This is especially valuable for new businesses and expanding small businesses that may not have the resources to offer comprehensive benefits right out of the gate. 

Enrolling in benefit plans and answering the many questions employees inevitably have can be a time-consuming process. One of our goals at H&H Accounting Services is to free you and your resources up to focus on running your business. We are here to act as your benefits liaison, answering employee questions, helping them choose their options and making sure they are happy with their decisions. 

Benefits aren’t a set-it-and-forget-it compensation offered by employers. Things change over time. Most healthcare providers change their plans every year, which means you may need to review and make new decisions on an annual basis. You can trust our team to be with you every step of the way to make the process as easy and convenient as possible.