How IT Solutions Providers Can Strategically Plan A Benefits Package

By Robyn Porter, Human Resources Manager & Consultant, HTG Peer Groups

All IT companies are facing a shortage of qualified workers, and this is especially true for SMB owners.  It seems as though the “big boys” have the competitive edge when it comes to compensation packages, perks, and benefits. In addition, the changes brought about via the Affordable Care Act have frustrated many employers, forcing them to reevaluate their benefit packages by dropping some benefits, adding additional benefits, or modifying the plans themselves.  For example, in a recent SHRM Benefits Survey, 26.3 percent of employers plan on adding a wellness component to their health plans to help offset costs.  Knowing your employees’ needs along with proper budgeting can help you find yourself competing on equal footing.  It’s not all about the salary.

First Things First

Before you start rolling out or modifying your benefits package, take a moment to understand some of the potential P&L implications...

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