In today’s marketplace, businesses have to take a thoughtful approach to retaining employees. The cost of recruiting and potentially replacing employees gives businesses a distinct disadvantage. With GOALL Program, we offer businesses the worker retention solutions that they need during a time when unemployment is at a 50-year low.
Business Consulting Firm in Scottsdale, AZ
GOALL Program enhances your benefit plan to give your company a competitive edge in the marketplace. Through this program, businesses can offer attractive retirement packages. They are also able to increase employee retention and reduce turnover. This helps you to retain current employees and attract new quality employees. This saves you money. Replacing an employee can cost the company 50% of their salary.
Through our GOALL Program, businesses experience greater retention. This helps them maintain the momentum to reach their goals. When companies are continually finding staff turnover, they are hit with the loss of knowledge and expertise.
Replacing employees is very expensive for businesses. GOALL Program provides a solution to provide employees with the tools to protect their financial futures. You will find that our products offer a substantial advantage over traditional 401(k) plans.
When trusted employees leave, they take intimate knowledge about your business with them. This includes internal goals, strategies, and operations information.
Attract Top Talent
When your business is able to offer an attractive benefits package, you are able to attract qualified candidates. Also, you will be able to retain employees over the long term. Reducing employee turnover increases the forward momentum of your business.
The amount of money involved in filling a position when an employee leaves can be staggering. One employee leaving can impact the team. But five or ten employees leaving can have serious financial implications for the business.
401k Alternatives in Scottsdale, AZ
With GOALL Program, your business can offer employees a benefits package that goes beyond the traditional 401(k) plans. With our products, the money is protected from the fluctuation of the stock market. Also, funds can be accessed penalty-free before the age of 59 1/2 years. As an employer, you are able to offer matching funds. While the employee is with the company, the funds continue to grow in a tax-deferred account. When they retire, funds are available tax-free. There are no contribution limits or compliance fees to deal with. There is also tax-free money available to assist with your daily bills in case the employee becomes ill or injured. This is the support system and benefits package that your team needs. Not only will it attract new talent, but it also works to retain current employees.
Money for Retirement
People work hard to protect and feed their families. When they reach retirement age, they need to know that they will have the financial protection they need. With the GOALL Program, we give you the tools you need to support your employees.
Emergency Funds for Illness
If an employee becomes critically or terminally ill, our benefits package has arrangement that can allow the employee to access their funds. If they qualify, these funds will be available tax free.
Money for Your Family in the Event of Death
In the unfortunate event of an employee passing away, their family can access these benefits tax free. Being able to offer these benefits is attractive to many potential employees.
Helpful Resources in Scottsdale, AZ
In the Scottsdale, AZ area, we are your trusted resource when it comes to supporting your employees and attracting new team members. We know that the primary cause for personal bankruptcy and home foreclosures in the United States is serious illness or injury. That is why providing a sound benefits package is so important to workers today.
The City of Scottsdale provides information about newly licensed businesses. The Business Services Division of the city is responsible for collecting sales taxes and other business fees. If you need help researching new business licenses, the local library staff are ready to assist you.
The City of Scottsdale and the Scottsdale Business Association provide information on area resources designed to support and encourage the local business community. These are resources that you can use to help your business and employees be successful and continue to grow.
This website provides vital information for businesses in the Scottsdale area. You can learn about commercial properties, analyses of the local business community and resources that can be used to grow your company in the community. Whether you are new to the area or just starting to grow a new business, you will find valuable insights about business in the area.
Do you need help with employee retention from a company consulting firm in Scottsdale, AZ?
When your business is experiencing high employee turnover, you need a partner that can provide the services you need to increase employee retention. That is where GOALL Program can help. Our team works closely with our partners to deliver the tools needed to support employees.
Employee Retention FAQs
When you are ready to explore the benefits of the GOALL Program, our team can help you see how our program can enhance your current plan. When you are ready to know more, contact us. A team member can provide additional information about how our program can support your employees and answer any questions that you may have.
How much does it cost to lose a single employee?
The standard measure is that it costs the company one-half of an employee’s salary to replace them when they leave. This means that for an employee that earns $150,000, the cost to the company will be $75,000. This highlights the need for businesses to retain valuable staff.
What can this program help with financially?
GOALL Program has the ability to help you financially in a number of ways. We’ll show you how to maintain momentum by hiring (and keeping) the right employees, how you can have more emergency funds, and even how you can get help from the government in Scottsdale.