Employee Expenses 101: What Should Your Business Cover?

Creating a budget for your business involves a delicate balance. You want to keep employee expenses down, but have your finances on too tight a leash and you could end up with unhappy employees — and maybe even a broken law or two.

Here’s your guide to creating a small business finance plan that keeps your money working for you.

Typical Employee Expenses

Let’s get one thing straight right off the bat — businesses should pay for everything directly when possible, from office rent to the monthly staff birthday cake. Those are examples of consistent costs, and even if they don’t always incur exactly the same dollar amounts from month to month, it’s usually easy to predict how they’ll fit into your budget.

To keep reading, click here: Employee Expenses 101: What Should Your Business Cover?

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