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Competitive Employee Benefits Packages

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
In order to maintain a successful business, it is crucial to have not only an attractive product or services offering, but also be able to recruit and maintain a group of productive, qualified employees. There are many factors involved in reaching these goals, but one in particular is often overlooked: an appropriate benefits plan.

This article looks at employee benefits plans, the importance of them being both competitive and cost effective, ways that companies are diversifying into upgraded and other kinds of compensation packages, and considerations related to the needs of your specific employee base. Suggestions include how to be more competitive in the market and how to control employee benefit plan costs.

If you are a Los Angeles CEO or CFO, you may find it helpful to engage with an outside expert like an outsourced CFO services firm to help design your benefits package. A professional like this can draw on many years of experience evaluating, selecting and managing plans that are cost effective, competitive and attractive to your employees.

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