Employee Benefits Built for Retail
Reduce turnover, compete for hourly talent, and save $1119+ per employee per year in FICA taxes — all at $0 cost to your business.
Why Retailers Need a Better Benefits Strategy
Retail is one of the most competitive hiring environments in the country. With turnover exceeding 60% annually, store managers spend a disproportionate amount of time recruiting, onboarding, and training — only to watch employees leave for a competitor offering slightly better pay or perks. Traditional group health insurance at $7,000 to $22,000 per employee annually is simply not viable for most retail operations, especially those with predominantly hourly staff.
The Preventive Care Benefits Program levels the playing field. Retailers of any size can offer real, meaningful benefits — including telemedicine, 1,000+ preventive prescriptions, $150K life insurance, mental health support, and hospital bill reduction up to 35% — without any out-of-pocket expense. It's the kind of benefits package that was previously only available to large national chains, now accessible to independent retailers and regional operators.
Reduce Turnover Costs
At 60% annual turnover and $3,500+ per replacement, a 25-person retail store loses $50,000+ per year to churn alone. Benefits give hourly employees a tangible reason to stay — and make your store the employer of choice.
Save on FICA
Generate $$1119–$$1186 in annual FICA tax savings per W2 employee. For a retailer with 40 employees across multiple locations, that's over $44,000 per year back to your bottom line.
Benefits Hourly Workers Use
Telemedicine for after-hours care, 1,000+ preventive prescriptions, mental health counseling, and $150K life insurance — practical benefits that make a real difference for hourly retail staff and their families.
$0 Cost to Implement
No premiums, no out-of-pocket expenses, no setup fees. The program is structured so it pays for itself through tax savings from day one — whether you operate one location or dozens.
How It Works for Retail
The Preventive Care Benefits Program is a Self Insured Medical Reimbursement Program (SIMRP) structured under IRC §105(b), §125, and ACA guidelines. It's designed for W2 employees earning $26,000 or more annually — covering sales associates, cashiers, stock associates, assistant managers, and store managers across your retail operation.
Implementation takes just 2-3 weeks, regardless of how many store locations you operate. Our team handles all plan documentation, compliance filings, and employee enrollment. You don't need to change payroll providers or existing insurance arrangements — the program works alongside your current setup.
Employees see no change to their take-home pay while gaining access to comprehensive preventive care benefits. For hourly retail workers who often go without any employer-provided coverage, this is a meaningful upgrade that drives engagement and loyalty. Your business saves on every payroll cycle through reduced FICA obligations.
Ready to Save on Employer Taxes?
Schedule a complimentary discovery call to see how much your business can save with the Preventive Care Benefits Program.