What are employee benefits?

Employee benefits are non-salary compensation that can vary from company to company. Benefits are indirect and non-cash payments within a compensation package. They are provided by organizations in addition to wages or salaries to create a competitive package for the potential employee.

What type of benefit products does Shepherd offer for employers?

•  Group medical
•  Dental
•  Vision
•  Life
•  Disability
•  HRA (Health Reimbursement Arrangement), FSA (Flexible Spending Account), HAS (Health Savings Account)
•  Voluntary worksite benefits
•  Executive benefits
•  Employee assistance programs
•  Legal and identity theft protection

Why are employee benefits important for my business?

A well-designed employee benefits package can help retain loyal employees, drive employee engagement and encourage workers to stay at their job even during rough times.