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Providing training opportunities instills the notion among staff that the organization is willing to invest in their continuing education to improve their current job responsibilities and promotional opportunities.
There are several types of retirement plans an employer can choose. Among the most common are pension and 401(k).
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a federal law that applies to organizations that employ 20 or more people and sponsor a group health plan. You and your health plan carrier should identify who is responsible for your organization's COBRA administration and communication procedures.
Insurance is another non-cash benefit that offers psychological security and could help an employer retain employees, even more than an equivalent salary increase. Explain your organization's insurance program and how it works in a written policy.