Section 125 plan

Boost retention and morale with this smart, budget-friendly benefit.

Forget Free Snacks: This Is What Employees Actually Want

Ping pong tables and granola bars are nice, but they won’t help your team sleep better at night. In today’s economy, employees are facing rising living costs, medical expenses, and debt—and what they crave more than quirky office perks is real financial relief.

If you’re a small or midsize business (SMB) owner looking to boost morale and retention without increasing your benefits budget, there’s one smart solution you should know about: an affordable employee benefit that delivers peace of mind and bottom-line results.

Let’s break it down.

Employees Are Craving Financial Breathing Room

According to a CNBC report, 61% of Americans live paycheck to paycheck. That means even modest medical costs or surprise expenses can create stress that follows them into the workplace.

For employers, this is more than just a personal issue for staff—it affects productivity, morale, and your ability to retain top talent. In fact, Forbes highlights that employee turnover costs U.S. businesses over $1 trillion a year.

The takeaway? Financial stress is a workplace issue. And companies that help ease that stress are winning the loyalty of their teams.

What Section 125 Plans Deliver (Without the Headaches)

Enter the Section 125 plan: a tax-advantaged benefit solution that allows employees to pay for certain out-of-pocket expenses—like healthcare costs or premiums—with pre-tax dollars.

Sounds great, right? It is. But many traditional Section 125 plans can be complex, require extensive documentation, and often don’t serve lower-wage employees very well.

That’s where The Champ Plan comes in.

Retention on a Budget: Why This Plan Works

If you’re hunting for a low-cost retention strategy, the Champ Plan is tailor-made for you. It provides employees with:

Access to key healthcare benefits

Supplemental coverage for out-of-pocket costs

A simple onboarding process

Real savings in their take-home pay

And the best part? It doesn’t strain your business budget.

For employers, this affordable employee benefit often reduces payroll taxes thanks to its pre-tax structure. It’s a win-win: your employees get more financial security, and you lower your costs.

The Champ Plan: Easy to Launch, Loved by Teams

Unlike bloated benefits programs that require weeks of setup and HR headaches, the Champ Plan is fast and frictionless. It’s one of the reasons it’s become a Champ Plan employee value standout across industries.

Launch Time: Get up and running in as little as 1-2 weeks

Implementation: Minimal paperwork, maximum impact

Customization: Tailored to your team size and industry

Want to see why it’s the go-to high-impact benefit solution for cost-conscious SMBs?

Book a Free Consultation to See How Your Team Can Benefit

Let us show you how The Champ Plan can provide real financial wellness for your employees while lowering your tax burden.

Book a free consultation today to discover how easy it is to launch this financial wellness benefit in your business.

FAQs

Can I afford this as a small business?

Absolutely. Most employers see cost savings through reduced payroll taxes. It’s specifically designed for small and midsize businesses that want to offer value without breaking the bank.

Will this reduce payroll taxes too?

Yes. The pre-tax structure of the plan reduces your taxable payroll, which can mean thousands in annual savings depending on your team size.

How fast can it launch?

In many cases, The Champ Plan can be launched in just 1–2 weeks with minimal disruption to your current processes. It’s designed for simplicity and speed.