Creating Your Employee Benefit Plan Based on Employee Needs and Your Budget with Christian Moser

20/02/2025 35 min Temporada 1 Episodio 24
Creating Your Employee Benefit Plan Based on Employee Needs and Your Budget with Christian Moser

Listen "Creating Your Employee Benefit Plan Based on Employee Needs and Your Budget with Christian Moser"

Episode Synopsis

Join us for our discussion with Christian Moser of BenX Consulting as we uncover the secrets to offering meaningful employee benefits without breaking the bank. Small business owners often face the challenge of balancing cost and value when it comes to benefits, but Christian shares how voluntary benefits like critical illness and life insurance at group rates can be both affordable for employees and financially viable for companies. Hear firsthand how understanding employee demographics and preferences can transform your approach to benefits, making them more tailored and relevant over time.Christian dives deep into the world of voluntary benefits, highlighting their role in managing employer costs, particularly for businesses with under 100 employees. By offering benefits that employees can pay for themselves, companies can relieve financial pressure while still providing valuable options. Christian shares insights into strategies like ACA-rated plans and level funding to control health insurance costs, offering a fresh perspective on how these options can guide future benefits decisions that align with what employees truly value.As we explore budgeting strategies, Christian emphasizes the importance of understanding competitor offerings and exercising financial caution, especially for startups. Learn how to start small with employee benefits and gradually expand as you gain more insights from your workforce. Cost containment strategies such as ICRA and PEOs are discussed, alongside a special podcast recommendation that inspires entrepreneurial success. Podcast Recommendation: The Nick Bare PodcastFind out more about Christian Mosier: https://www.linkedin.com/in/christian-mosier/Send us a text

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