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Alumni Experiences Other Articles Fall 2001 Summer 2022
When COVID-19 sent entire nations into quarantine, computer novices and tech nerds alike discovered that the world wasn’t as out of reach as they may have thought.
For decades, the San Francisco Bay Area has been home to a majority of the leading tech companies in the US, earning the nickname Silicon Valley.
I own two small companies. It’s hard to pay myself benefits, let alone all my employees. The first thing to look at is making sure they are paid a competitive wage, then add vacation/holidays and keep within reason. Next, they might need health insurance, but if the spouse is working elsewhere and is covered, we can sometimes eliminate it. Finally, you might look at adding tax deferred savings plans and insurance. Since both my companies are retail, we offer very steep discounts to employees. It has been my experience that most people working for small companies do not expect superb benefits. Also, in order to keep costs down, you must do a lot of shopping.