- Payments business Square announced Wednesday it would add benefit offerings to its payroll platform.
- This will allow small businesses to give employees access to benefits like health insurance and retirement savings.
- This can reduce businesses' payroll tax burden, and after one-time enrollment, it will automatically factor benefits into the payroll.
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Square wants to make benefits a no-brainer for small businesses
Square Payroll allows small businesses to give their employees access to benefits like health insurance, retirement savings, pre-tax spending, and workers' compensation.
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