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Learn How to Increase Profit Margins & Employee Retention in 5 Minutes
The high level overview of a PTR Plan benefits and Guidelines are:
Benefits of the plan:
-On average employers reduce their payroll tax burden by over 15%
-On average employee retention increases by 59%
-Employees receive tax credits to fund additional benefits
-On average employee benefits quadruple and their take home pay DOES NOT change
-Out of pocket medical costs for employees are greatly reduced or eliminated
-Increase employee engagement
-Provide the company a more competitive employment/offering contract
Employer Eligibility Requirements:
-25 or more full time W2 employees making at least $25,000 a year
-Employer must currently offer a healthcare plan
Employee Eligibility Requirements:
-Must currently have healthcare (it does not have to be with the employer, it can be through a spouse, parent the exchange ect)
-Must be full-time with the employer
-Must be a W2 Employee
-Must be 18 years or older
-Must have an annual income of $25,000 or more with the same employer
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