Small businesses are running into retention problems because employees are reporting a sharp decline in company loyalty, according to MetLife's Ninth Annual Study of Employee Benefits Trends.
Sixty-two percent of small-business employees cited a strong sense of company loyalty in 2008, the study says, but by 2010, that figure fell to 44 percent. Of the small-business employees surveyed, 34 percent want to work for another employer; however, small-business employers haven't changed their perceptions of loyalty over the last few years.
Even in today's economy, many of the same benefits are offered from 2007-2010.
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