How to Design a Competitive Employee Benefits Package on a Small Business Budget episode artwork

EPISODE · Mar 10, 2026 · 5 MIN

How to Design a Competitive Employee Benefits Package on a Small Business Budget

from The Employer Benefits Playbook: Abbott Family Insurance Podcast · host Matthew Abbott

In this episode, Matthew from Abbott Family Insurance breaks down how “rich” a small business benefits package really needs to be to stay competitive without wrecking the budget. He walks through a simple three-layer framework—foundation, stand-out perks, and competitive edge and explains how tax-efficient strategies like SIMRP can help fund better benefits using payroll tax savings instead of pure new spend.

In this episode, Matthew from Abbott Family Insurance breaks down how “rich” a small business benefits package really needs to be to stay competitive without wrecking the budget. He walks through a simple three-layer framework—foundation, stand-out perks, and competitive edge and explains how tax-efficient strategies like SIMRP can help fund better benefits using payroll tax savings instead of pure new spend.

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How to Design a Competitive Employee Benefits Package on a Small Business Budget

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How long is this episode of The Employer Benefits Playbook: Abbott Family Insurance Podcast?

This episode is 5 minutes long.

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This episode was published on March 10, 2026.

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In this episode, Matthew from Abbott Family Insurance breaks down how “rich” a small business benefits package really needs to be to stay competitive without wrecking the budget. He walks through a simple three-layer framework—foundation, stand-out...

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