benefits

Navigating the Path to Employee Financial Wellness: Simplifying Retirement Planning for Small Businesses

  In today’s competitive job market, attracting and retaining top-notch talent has become a strategic necessity for businesses of all sizes. Amidst this pursuit, offering comprehensive employee benefits has emerged as a crucial tool for organizations to stand out and showcase their commitment to their workforce. Among these benefits, retirement plans hold a special place, […]

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Human Resource Consulting for Startups: Navigating Basic HR Challenges with GritHR’s Expertise!

Starting a business is an exhilarating journey – a bold step into uncharted territory, fueled by innovation and a passion for success. Yet, amidst the thrill of entrepreneurship, there’s a complex realm that often leaves even the most enthusiastic founders feeling overwhelmed: Human Resources.  As the backbone of any successful business, building a robust HR

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What Every Company Should Know About Mental Health

Something that has changed for the better during the pandemic is the embracement of conversations around mental health in the workplace. It has encouraged employers to provide mental health resources like Employee Assistance Programs (EAPs) and also include mental health services under their employer-sponsored health insurance plan. Here’s what every company should know about mental

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401(k) vs. IRA: Pros, Cons, and Comparison

The pandemic has made many of us conscious of our spending, employees included. As a result, when it comes to employees, even people who just graduated and are in their 20s are looking to save up for retirement plans. So, whether your employees belong to the near-retirement age or not, it doesn’t matter because they

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Designing a Well-Rounded Compensation Plan

Compensation is a hygiene factor that is essential for employees. The absence of a well-developed compensation plan can have a negative impact on an employee’s motivation, thus impacting performance. With 80% of best-in-class employers offering health insurance and effective compensation reducing organizational attrition by 56%, the benefits of well-rounded compensation plans cannot be denied (Source).

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