If you could put the mental, physical, and spiritual benefits of fasting in a pill, you would make billions. The many benefits of fasting include: Promoting human growth hormone production, which helps your body burn fat, build muscle, and slow the aging process.
How to Design a Benefits Package that Works for Employees and the Budget. Employee benefits are an ever-increasing portion of an employerâs compensation costs, and they can involve a host of compliance issues with both state and federal law. They are also an important recruitment and retention tool.
A Savings Incentive Match Plan for Employees (SIMPLE IRA) is an employer-sponsored program specifically established for small businesses. To qualify for the plan, a business must have fewer than 100 employees with each employee earning at least $5,000 in the previous earning year. When a company has a SIMPLE IRA plan, it is not eligible for other employer plans, such as a 401k or SEP IRA program. The SIMPLE IRA plan allows employee salary reductions or employer pre-tax contributions. The annual contribution limit is based on the employee's salary reductions.