Wealth Wisdom Financial Podcast

Employee Retention Strategies That Won't Break the Bank


Listen Later

Want to offer better employee benefits but think your small business can't afford it? Think again!

This episode breaks down creative ways to provide meaningful benefits that can help you attract and retain top talent - without breaking the bank. We'll show you how small businesses can actually have an advantage over big corporations when it comes to flexible benefits.

Key Quote: "Building a strong benefits package isn't about matching big corporations dollar for dollar - it's about creating flexible solutions that meet your team's real needs."

What You'll Learn:

  • Why traditional retirement plans might not be the best fit for your team
  • How to use Section 162 Bonus Plans to create flexible benefits
  • Creative ways to structure benefits that serve both current and future needs
  • Real examples of small businesses winning the talent war with smart benefit strategies

Want to dive deeper into implementing these strategies? Get our free Bonus Plan Details and Implementation Guide at wealthwisdomfp.com/community. Join a community of business owners who are revolutionizing how small businesses approach benefits.

Don't let limited resources stop you from building a competitive benefits package. Listen now to discover how to create benefits that actually work better for your team than traditional corporate offerings!

00:00 Introduction to Smart Employee Benefits

00:45 Welcome to Wealth Wisdom Financial Podcast

01:26 The Story of Jen: Struggling with Employee Retention

02:08 The Importance of Appreciation in Retention

03:42 Three Core Principles for Retaining Top Talent

03:58 Professional Development Opportunities

06:27 Building Meaningful Connections at Work

08:40 Showing Value to Your Team

10:34 Financial Recognition and Bonuses

13:16 Introducing the Section 162 Bonus Plan

16:39 Jen's Success Story and Final Thoughts

18:11 Join the Wealth Wisdom Financial Community

18:46 Conclusion and Call to Action

Watch on YouTube: https://youtu.be/R5_57qf7OlM

SmallBusiness #EmployeeBenefits #BusinessGrowth #TeamRetention
...more
View all episodesView all episodes
Download on the App Store

Wealth Wisdom Financial PodcastBy Brandon Neely and Amanda Neely, CFP®

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

52 ratings


More shows like Wealth Wisdom Financial Podcast

View all
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,844 Listeners

Money Ripples Podcast by Money Ripples Podcast

Money Ripples Podcast

136 Listeners

Not Your Average Financial Podcast™ by Not Your Average Financial Podcast™

Not Your Average Financial Podcast™

123 Listeners

Life Success & Legacy by Life Success & Legacy

Life Success & Legacy

34 Listeners

The Wealth Without Wall Street Podcast by By Russ Morgan & Joey Muré

The Wealth Without Wall Street Podcast

271 Listeners

BetterWealth with Caleb Guilliams by BetterWealth Media

BetterWealth with Caleb Guilliams

248 Listeners

The Bible Recap by Tara-Leigh Cobble

The Bible Recap

36,767 Listeners

Banking With Life Podcast by James Neathery

Banking With Life Podcast

76 Listeners

Money School Podcast by Chris Naugle

Money School Podcast

63 Listeners

Wealth On Main Street by Richard Canfield & Jayson Lowe

Wealth On Main Street

11 Listeners

Without the Bank Podcast by Mary Jo Irmen

Without the Bank Podcast

44 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

17,000 Listeners

Infinite Banking Mastery by Valerie LaRoque

Infinite Banking Mastery

22 Listeners

The Money Multiplier Podcast by The Money Multiplier

The Money Multiplier Podcast

28 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

121 Listeners