Benefits for Part-Time Employees - What's the Deal?Health insurance and other benefits form a key part of the compensation package most employers offer their workers. In some cases, providing insurance is required by law. However, many organizations employ at least some part-time team members. While you do not need to offer these employees the same benefits as full-time staff, you may want to consider doing so anyway. The Rules Regarding Part-Time Employee Benefits Under the current rules, governed mostly by the Affordable Care Act, employers with at least 50 full-time equivalent employees must offer health insurance to all workers who work at least 30 hours per week (making them full-time). Anyone who works less than this is considered part-time and thus does not need to be offered health insurance. You can optionally provide them with health insurance. However, the ACA requires that part-time employees be offered health insurance through a consistent written policy. In other words, you can’t pick and choose who gets health insurance, although you can set a minimum number of hours to receive it. Reasons Why You Should Consider Offering Benefits to Part-Timers Many employers are hesitant to offer insurance or other benefits to part-time employees, considering doing so to be an unnecessary expense. However, there are some good reasons to consider it:
In other words, there are substantial financial and productivity advantages for offering insurance and other benefits to part-time employees. If you take a holistic view of the decision, it may be financially advantageous to offer benefits. Get Group Health Insurance Whether you choose to extend benefits to part-time employees or not, it pays to find the right insurance provider. Sackett & Associates Insurance Services is a group health insurance broker in Santa Rosa that can help you find the right coverage for your business. Contact us today to learn more and get started.
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Success in business depends on a variety of factors, including skill level, effort, market factors, and much more. Thus everyone’s results in an Amazon business will differ. So no promises or claims are made as to your income potential or lack thereof. And, of course every business has some risk involved. That said, Amazon is an huge opportunity and has helped my family and I have the lifestyle and freedom we want. Maybe it can do the same for you, if you apply some effort and energy to it.
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