A Discussion of Employee Benefits for a Business There are many issues to examine in the discussion of what benefits are the "right ones" for a business. Any choice of employee benefits should be a calculated one, definitely not random. There are many factors to consider prior to establishing a new plan or modifying an existing one. The employers reasons for implementing a benefits plan are usually different from the perceptions of the employees. The employer's concerns are usually: will employee moral and productivity increase? what are the cost of the benefits? what are the perceived value of the benefits by the employees? how do my benefits compare to the competition? The employees' concerns about the benefits are often: do they provide adequate coverage? are they flexible enough? what will it cost? What are your objectives? A new business will have different goals than one that has been around for years. Make a list of the reasons for having a plan. The best benefits plan recognizes the goals of the employer and the employees. Although that is not often practical, the employees can have a better appreciation of the plan and it's costs if they have some input.   The Evolution of a Business discusses how a business's benefit needs change with time, success and maturity. An overview of the types of employee benefits will give you an idea of the different benefits that are available. COBRA & HIPAA regulations have a definite affect on employers and employees.