‘Tis the season to reflect on the year gone by and set new goals for the one ahead. As a business owner, you’re likely thinking about how to make the upcoming year even more successful than the last. One way to achieve this is by enhancing your employee offerings. Enhancing your employee offerings can play a role in improving retention, while still attracting high-quality talent. Join us today as we explore how our employee offerings can make a meaningful difference in the year to come. 

Health Savings Accounts  

Many New Year’s resolutions include health and well-being, which makes a health savings account (HSA) a perfect addition to your employee offerings. With healthcare costs rising, even with insurance, having a savings, dedicated to medical expenses, can make a world of difference for your team. Most healthcare bills are unexpected and can cause significant amounts of stress, but a health savings account can help bridge the gap before deductibles kick in.  

At Banterra, we provide health savings accounts that you can offer to your employees with a plethora of benefits including no annual fee, funds that roll over from year to year, access to your accounts via online and mobile banking, and so much more. Contact your local Banterra branch to find out how to get started.  

Workforce Banking 

The start of a new year often marks a fresh beginning, and for your employees, it's an ideal time to take control of their finances. Banterra Bank’s Workforce Banking Program is designed to help your team members build a strong financial foundation. From special product offerings to providing educational opportunities for your employees to enhance their financial literacy, we’re here to support their financial goals. As a business owner, you can incorporate workforce banking into your business to show your commitment to your employees' financial well-being. For more information, contact your local Banterra branch.  

Direct Deposit  

Usher in the new year with greater convenience for yourself and your employees by offering direct deposit, and eliminating the use of physical checks and paystubs. With direct deposit, your employees’ pay is electronically transferred to their account, ensuring quick access to funds and a stress-free payday. Offering direct deposit to your employees is a small change and that can make a significant impact on you, your business, and your employees. Contact your local Banterra branch to find out more information about implementing direct deposit at your business.  

As you head into the New Year, consider enhancing your employee offerings with our services. Visit our website to find out more about how Banterra can help make banking easy for you and your team in 2024. Together, we can make 2024 a year of prosperity, growth, and simplicity for your business and your dedicated team members.