With employees being your agency's largest asset, it is alarming to realize that more than half are not provided with basic benefit coverages or retirement savings options. While it is a juggling act for agency principals when it comes to decisions about spending money, here is some food for thought on how providing these resources helps.
Providing benefits can:
- Attract and retain the best employees and reduce turnover.
- Increase morale and loyalty.
- Increase your bottom line with tax advantages and deductions often available (please consult with your tax advisor about any potential tax advantages).
Providing employee benefits is more cost-effective and easier than you think.
The Big “I" has made it simple to get a quote and obtain coverage for your employees. Coverages are provided through The Guardian Life Insurance Company of America and include group life, group short- and long-term disability, group dental and group vision. The program offers various coverage options to meet the diverse needs of our members and provides guaranteed issues with certain requirements being met.
The Big “I" Retirement and Employee Benefits programs also offer a great 401(k) plan option— the BIG I MEP 401k Plan—as well as IRAs and IRA plans.
Our programs are designed to meet the needs of our members with maximum flexibility at a competitive cost, so reach out today! If you have any questions, contact Christine Muñoz.