Another Benefit of PEOs: Excellent 401(k) Plans
Employee acquisition, satisfaction and retention is often a result of the benefits packages offered, especially in today’s hiring and work environment. When you keep your workers happy, it reduces the cost of training and onboarding new people. It’s win-win for everyone.
Plus, research studies show that financial pressures negatively impact an employee’s ability to focus and be productive. By offering a 401(k) retirement plan, you not only help improve your employees’ lives, you improve your business, too.
When you join a PEO arrangement, you have the option to link to ManagedPAY’s Master Medical Plans (MEP) and 401(k) plans and retirement services for their employees.
