Employee turnover is a big problem for United States businesses. Every year it costs them about $11 billion. Attracting and keeping good people should top the priority list for most employers. Offering the highest salary is not the way to keep people happy. Multiple research studies have shown this to be true. Providing decent benefits is one way to keep people happy and not looking for new jobs. Most workers appreciate their employee group benefits plan and consider it to be one of, if not the, most important benefits they get from their job.
Offering an employee group benefits plan for health insurance is good for employers as well. Giving this benefit to workers gives the company some important tax