Entrepreneurs who are almost ready to hire their first full-time employee often get stopped up by one question.

“If someone works for my business full-time, don’t I have to provide them health insurance and retirement benefits?”

The short answer is: No…but there are caveats (this is an HR podcast afterall!)

On this week’s episode of On The Up & Up, Kira shares some common misconceptions about providing “traditional” benefits. She covers:

📝 Scenarios in which you do and do not have to provide traditional benefits

📝 Alternative approaches to health and retirement benefits for small businesses

📝 The role of technology and automation in benefits administration

📝 Whether you have to provide the same benefits to all employees

📝 The first steps you should take before including these benefits in your overall compensation package

If you're an entrepreneur navigating the world of hiring your first full-time employee, this episode is a must-listen!

Links mentioned:

Dr. Noor Health Care Advisor (https://drnoorhealth.com/) 

Employee Cost Calculator (https://settoscale.com/products/employee-cost-calculator)