NEWS
Labor Pains - 1
Elizabeth Williams DTN Special Correspondent
Fri Jun 19, 2015 03:13 PM CDT

INDIANOLA, Iowa (DTN) -- Finding and retaining a dedicated farm workforce is a major headache for farm owners, especially if you can't afford the fringe benefits Fortune 500 companies offer. But Lori Culler, owner of Ag Hires, a human resource consulting firm in Temperance, Michigan, encourages farms as small as a few thousand acres to consider retirement plans as a fringe benefit. The administrative costs for small employers are low and plans seem to motivate employees far more than on-again, off-again profit-sharing formulas that fluctuate with farm prices, Culler noted.

KEEP IT SIMPLE

Two easy-to-set-up and inexpensive-to-administer retirement plans are ...

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