Analyze employee benefits plans Research and discuss employee benefits plans for small businesses. This involves searching the library/Internet for appropriate information. As an alternative you may interview a small business owner/HR manager.
Answer each of the following. You may want to use tables for comparisons.
• Describe at least two employee benefits plans typically offered by small businesses. What issues do you find with the different types of plans?
• Select one of the above you would need in order to start or run your preferred type of small business.
• Explain why you chose the plan. Is each plan needed to start the business, or could some plans be added at a later stage?
• Describe the company's financial and managerial responsibilities in regard to the type of plan you chose.
• Describe the potential costs and reporting requirements of the plan you chose