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When you are just getting started, it might be tempting to save money by offering a miniscule or non-existent benefit plan to your employees. However, it is becoming well known in the business community that benefits plans are some of the best tools that employers can use to find and retain the highest quality talent out there. High quality talent knows that it's high quality talent, and will therefore not bother even looking at companies that don't offer benefits plans. Because of this, you might be left scraping the bottom of the barrel when it comes to your employee options. Instead of spending the money on hiring and firing paperwork that will come with substandard employees, spend the relatively small amount to secure a decent benefits package for your employees.

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14y ago

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