Ask a room full of successful business owners to name the most important contributing factor to their success, and you can be sure that a large number of them will say it’s their people. Regardless of what industry you are in, whether you provide professional services or manufacture molded plastic parts, your talent is a driving force behind the success of your business. And while attracting and retaining talent continues to be a more and more important factor in long-term success, labor markets continue to tighten, as competition for talent is increasing across almost every industry.
A declining labor force combined with an ever increasing demand for specialized talent means that payroll expenses are escalating and the cost of attracting and retaining quality employees is on the rise. While there are many factors that contribute to a company’s attractiveness to current and potential employees, a great benefit plan can make the difference between winning the talent war and falling behind. At JPS, we can assist you in formulating a cost-effective benefits package that achieves your goals, tailored to provide maximum benefit to your company and your employees.
Our benefit plan advisory services include:
- Plan analysis and design
- Assistance with implementation and administration of plans
- IRS and Department of Labor compliance monitoring
- Plan audits and tax compliance filings and more.
To find out more about how JPS can help your benefit plan become a competitive advantage, contact a JPS professional listed below.