Employees of small businesses are less likely to have the types of benefits enjoyed by employees in large companies, but small employers can offer large benefits, according to a white paper from Colonial Life & Accident Insurance Co.
"Small Business: Big Benefits" looks at some of the many familiar issues facing employers at companies with fewer than 100 employees, such as the rising cost of insurance, health care reform and recruitment.
"Small businesses are the lifeblood of the U.S. economy," said Rich Williams, senior vice president, growth markets, at Colonial Life. "Our research shows the concerns of their employees aren't that much different than larger firms when it comes to personal finances. Employees in companies of all sizes tend to worry about having enough savings to retire, to cover an emergency or to cover being out from work if they're injured or sick."
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