Ensuring sustained growth while maintaining a grip on expenses, especially in uncertain times is challenging. Add a highly competitive market for employees and you have the unique challenges that small businesses currently face today.

Part-time, employees that work less than 30 hours per week, are used as cost savings to small businesses because they do not have to provide the same level of benefits as a full-time employee. The competitive employer market has added challenges to employers who need to hire part-time and seasonal workers.

So how can small businesses stand above the crowd when hiring part-time and seasonal workers? Here are a few items to consider:

Voluntary Benefits

Part of the challenge of offering benefits is the cost that employers must cover. However, voluntary benefits can be completely payroll deducted. These types of benefits include life, disability, vision and dental. Pet insurance is also a fast-growing benefit that millennial and gen-z employees look for.

Administering benefits can be a challenge for small employers. For those that want to offer benefits but cannot afford the time to administer their benefits AUI provides an enrollment platform that allows an employer to offer access to benefits without requiring payroll deductions or any employer administration. In addition, Clarity HR can provide benefit administration to small employers at a fraction of the cost of a full-time HR person.

Insurance Benefits

Health insurance is something that most companies reserve for full-time employees, but you can offer benefits to a part-time employee. These benefits can also include dental and vision, life insurance, disability, and more.

Employers are required to cover 50% of the cost of the single rate of premium for health insurance. Health insurance can often be a high-dollar benefit for employers. To stretch those dollars businesses can create separate classifications for part-time and full-time employees. This means that full-time employees could have a different level of contribution as part-time employees as long as every employee in the classification is offered the same benefit. This means that a part-time employee that works ten hours a week must be offered the same benefits as an employee who works 29 hours per week.

Conact us if you have concerns about the current benefits packages that you offer to your employees today.

Tuition Reimbursement

Tuition reimbursement benefits are another very helpful perk. This benefit can help employees advance their careers and professional skills. Providing tuition reimbursement means you are eligible for a tax-deductible per employee. Offering tuition reimbursement encourages employees to pursue higher education while also easing up the burden of student loans. In the end, both the employer and employee benefit in various ways.

Company Discounts

Many businesses receive discounts from restaurants and for services from other businesses. A great way to make your employees happy, is by extending these discounts to them. By doing so, there is a positive impact for your employees, as they get to save money on things that matter.

The following are examples of discounts that can be given to employees :

  • Restaurants
  • Cellphones
  • Entertainment:
  • Banking

Paid Time Off

Offering a PTO policy can attract part-time workers and provide an employee additional flexibility and you do not have to provide the same number of PTO days for full-time and part-time employees. Ensuring that employees are classified correctly and that all benefits are administered equally among employee classes is something our sister company Clarity HR helps small businesses with every day! Learn more by contacting Clarity HR today.