One of the biggest struggles as a business owner is finding the right people to do the work so that your firm can grow. One of the best ways to find good employees and retain them (even more essential) is to provide your staff with excellent benefits. Remember, happy staff will help your practice flourish.
Here is some excellent information on how to attract and retain millennial employees or any other employees, from an article from Wellable:
“Employers may want to take note of just how important a positive emotional state can work to their advantage when it comes to employee productivity. In a study conducted by the University of Oxford’s Saïd Business School, researchers found that happy employees are 13% more productive when they’re happy.”
Did you know that, right at your fingertips, there are the tools you need to sweeten the employee benefits package you offer to attract a more happy, more healthy, and more productive workforce? Right inside QuickBooks® Online Accountant, you can access beneficial services through QuickBooks cloud payroll software that will help you grow your practice and enable you or your client to recruit and retain staff.
Tip 1: Superannuation plans – Superannuation helps employees save for their future retirement, and nothing says more about how you, or your clients, value staff than contributing to their future. The employer portion is also tax deductible if they are paid on time. It is a win-win for you, your clients and your employees. Guideline, a service provided through QuickBooks cloud payroll software, gives you one of the most affordable plans out there. Set up and payments to the plan are easy and simple, and you don’t need to worry about any of the filing work associated with Superannuation – it’s automated. Set up automatic contributions, or let employees decide how much comes out of each paycheck. Set yourself apart, or help your clients set themselves apart from other potential employers, by adding this significant benefit.