The Truth About Traditional Benefits

Entrepreneurs who are almost ready to hire their first full-time employee often get stopped up by one question.“If someone works for my business full-time, don’t I have to provide them health insurance and retirement benefits?”The short answer is: No…but there are caveats (this is an HR podcast afterall!)On this week’s episode of On The Up & Up, Kira shares some common misconceptions about providing “traditional” benefits. She covers:📝 Scenarios in which you do and do not have to provide traditional benefits📝 Alternative approaches to health and retirement benefits for small businesses📝 The role of technology and automation in benefits administration📝 Whether you have to provide the same benefits to all employees📝 The first steps you should take before including these benefits in your overall compensation packageIf you're an entrepreneur navigating the world of hiring your first full-time employee, this episode is a must-listen!Links mentioned:Dr. Noor Health Care Advisor (https://drnoorhealth.com/) Employee Cost Calculator (https://settoscale.com/product....s/employee-cost-calc