Compensation and Benefits

By: A Staff Writer

Updated on: Jul 19, 2024

More Than Just Paychecks

Want to attract and keep top talent? Your compensation package needs to sing.

• Know Your Market: Research what similar businesses in your area are offering.
• Salary Isn’t Everything: Flexible hours, remote options, and growth opportunities matter.
• Healthcare Matters: Quality health insurance is a major draw for many employees.
• The Retirement Plan: Offer a 401k or similar scheme to boost long-term retention.
• Creative Perks: Gym memberships, childcare support, etc., can be differentiators.
• The Power of Choice: Offer a benefits ‘menu’ so employees customize what matters to THEM.

Competitive compensation shows you value your team – and that attracts the best.