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Scaling Benefits for Your Small Business | Up and to the Right | Episode 031
Manage episode 270269132 series 2712583
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As a small business owner, it can seem difficult to compete with the benefit packages of well established, larger corporations.
Startups can share this problem as well when they begin trying to attract talent.
How do you design a benefits package for your team when you don't have the financial resources required to put a competitive package together?
Let's scale those benefits!
For more detailed information listen to the audio version of the podcast or watch the livestream recording.
Business Principle
Commitment to Your Team
Scaling Benefits for Your Small Business
There may be no practical way to create a benefits package that can compare to one from a well established, large company. I guess the first thing to do is decide that that's ok and we'll do what we can.
Given that, we still want to be competitive so as a startup or small business with limited resources we have to look for innovating & creative solutions.
One possibility is to create a documented program that scales our benefits over time.
Practical Action
Download the template and design your own scaled benefit implementation plan!
- What benefits are common in your industry?
- What benefits are common among the potential employees in your area?
- Are there benefits your employees would value? Ask them!
Closing
What benefits does your business offer? Are there any you want to put in place? Drop a comment below and share what you're thinking!
Click the link above or use your favorite pod catcher to listen to the full episode.
Thanks for watching or listening!
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