Benefits Basics

 
 

Benefits comprise the second half of the compensation equation (the first half is pay). While virtually every business has to offer some type of monetary compensation to employees, most benefits are optional.

Why offer benefits? Providing benefits to your employees also allows you to offer benefits to yourself, and contributions that you make for benefit premiums are often tax-deductible for your business. That's a powerful incentive in and of itself. However, if you need to attract employees with a special skill or talent, you're going to have to compete with other employers to get them, and that may mean you'll need to offer some benefits to succeed.

Issues to consider. As you contemplate benefits as a possible addition to your compensation package, consider the following issues:

 
 
 
  • Your Small Business

    Toolkits

    Printing and Shipping

    Take advantage of the Printing & Shipping Toolkit sponsored by FedEx to help grow your business.

     
  • Your Small Business

    Toolkits

    Purchasing & Inventory

    Take advantage of the Purchasing & Inventory Toolkit sponsored by Sam's Club to help grow your business.

     
  • Your Small Business

    Toolkits

    Online Solutions

    Take advantage of the Online Solutions Toolkit sponsored by IWS to help grow your business.

     
  • Your Small Business

    Toolkits

    Sales and Marketing

    Take advantage of the Sales and Marketing Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    For Employers

    Take advantage of the Employer Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Government Contracting

    Take advantage of the Government Contracting Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Start Up

    Take advantage of the Start Up Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Finance

    Take advantage of the Finance Toolkit to help grow your business.

     
  • Your Small Business

    Toolkits

    Insurance

    Take advantage of the InsuranceToolkit to help grow your business.

     

Join Us Today

Joining the U.S. Chamber of Commerce is an easy choice to make and an investment that begins to pay off right away.