Why small businesses should seriously consider offering group health and dental benefits to their employees?

Small businesses should seriously consider offering group health and dental benefits to their employees as it can provide numerous advantages for both the company and its workforce. 

Firstly, these benefits can help attract and retain top talent, as employees highly value comprehensive healthcare coverage. By offering group health and dental benefits, small businesses can compete with larger corporations and demonstrate their commitment to employee well-being. 

Secondly, these benefits contribute to a healthier and more productive workforce. Regular access to medical and dental care promotes preventative measures, early detection of health issues, and prompt treatment, reducing the likelihood of prolonged absences and improving overall productivity. Furthermore, group benefits can enhance employee morale and job satisfaction, leading to increased loyalty and reduced turnover rates. Employees feel valued and cared for when their employer provides access to quality healthcare, resulting in a more positive work environment. 

Lastly, offering group benefits can have financial advantages for small businesses as they may be eligible for certain tax incentives and cost-sharing arrangements with employees. 

Overall, investing in group health and dental benefits is a wise decision for small businesses, enabling them to attract and retain top talent, foster a healthier workforce, and create a positive work culture while potentially enjoying financial benefits.

If you are a small business owner, and thinking about setting up benefits for your employees, contact us for a free consultation, we will gladly help you out!

 Violet and Jana Insurance brokers in Ontario