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June 12, 2020As a small business owner, you have probably heard of supplemental benefits.
You might have also:
- Had an employee who was injured and can’t afford a doctor due to the cost
- Had an employee who needs glasses and is making typos because they can’t see well
- Have an employee who calls off work because they had to get a second job to pay for medical costs
Supplemental benefits are a key tool for small business owners who want to attract and retain top talent. Why? Because they can set your workplace apart from the rest and show that you are invested in your workers. They are also affordable!
And if you don’t think your competitors are offering supplemental benefits, you’re wrong. They are becoming more and more common among companies that want to attract and retail top talent.
So, what are supplemental benefits? In a nut shell, they are additional plans like life insurance, vision insurance, dental insurance and short- and long-term disability insurance. They can also include pet insurance!
They are usually of little cost to employers to offer and employees can greatly benefit from these plans.
There is often high demand for these benefits among workers, as well.
They show your employees that you care about protecting their assets and ability to work – and they fill in the gaps left by traditional insurance.
Supplemental insurance plans also help your employees with their overall financial well-being and goals while meeting their family’s needs by providing peace of mind.
As a small business, you are likely competing with larger companies for top talent. And larger companies are already offering these supplemental benefits to their employees.
If you want to keep your current workers from leaving – and if you want to attract super stars to your team – offering these benefits is a great start.
Skip Ivery Agency
At the Skip Ivery Agency, we hope your small business is safe and well during these uncertain times. Be happy and healthy!




