More small businesses are able to boost their benefits packages due to cloud-based software–more than 50 percent have digitalized a majority of their benefits process. (Photo: Shutterstock)

Competition for talent is fierce in this very low unemployment environment, so more small businesses are sweetening their benefits packages to win over skilled workers, according to Guardian’s 5th Annual Workplace Benefits Study, “Small Business, Big Benefits.”

Nearly two-thirds (61 percent) of small businesses aim to offer a better benefits package than their competitors, and the percentage increases among start-ups (70 percent) and high-tech firms (81 percent). Over the past five years, more small businesses have established flexible work schedules, telecommuting and wellness programs to help employees improve their work-life balance.

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Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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