Your compensation package may be competitive with other businesses in your industry and area, so now is the time to offer benefits that the others don't. Employee retention is likely to skyrocket and the savings from that will offset what you spend on additional benefits. The reward of working is more than just a paycheck to many people. Hire a personal concierge for your employees, take them on an annual retreat, and encourage them to further their education — at the company's expense. It's a win-win situation for everyone.

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