Now that you have spoken to your employees about what their advantages are the expectations, it's time to start looking at different ways to meet those expectations. While retirement and health benefits are some of the most common types of benefits that come to mind, a shockingly small number of companies are offering them. According to the Bureau of Labor Statistics and the 2015 results, only 53% of small businesses offer health benefits, much less the pension benefits of the offer!
These statistics reflect the number of companies who care about their employees? Of course not. These statistics reflect the high cost and lack of resources that are available to small business owners.
So what are some easy affordable options to meet the expectations of the benefits of your employees? There are two key elements that come into play when offering customizable, affordable benefits: 
- Approach Defined Contribution to control costs
- Consumer Choice product benefits
applying these two concepts allows a company to create a benefits package that fits in the budget, and allows the employee make the most of the quantity defined contribution from the employer.
You can apply this approach to many of the traditional benefits that employees expect:
- Medical
- Pension benefits
- tuition Reimbursement
- paid Meals
as well as additional benefits that may be on the rise:
- Bring Your Own Device (BYOD)
- Education allowances
- flexible work schedule
- teleworking
- Transport
Whatever benefits package that you choose, it is essential to ensure that you are always in control of your costs, and employees have an unlimited choice in consumer products.
If you own a small business or counselor which explores the options for fringe benefits, leave please comment or question regarding how to approach contributions specific about your needs.
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