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How to Attract -- And Retain -- Staff When You Can't Pay Big BucksHere are the basics every entrepreneur needs to know about creating an employee benefits package.

ByPaula Andruss

Opinions expressed by Entrepreneur contributors are their own.

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Just one year after hiring their first employee, executives at online discount site FatWallet realized they needed more staffers to handle the company's rapid growth. "We needed IT staff and programmers, and we knew that in our area, we'd have to take them from larger companies," says April Kunzelman, human resources director for the Beloit, Wis.-based company.

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