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

Competition for talent is fierce in this very low unemployment environment, so more smallbusinesses are sweetening their benefits packages to win overskilled workers, according to Guardian's 5th Annual WorkplaceBenefits Study, “Small Business, Big Benefits.”

Nearly two-thirds (61 percent) of small businesses aim to offer a better benefitspackage than their competitors, and the percentage increases amongstart-ups (70 percent) and high-tech firms (81 percent). Over thepast five years, more small businesses have established flexible work schedules, telecommuting andwellness programs to help employees improvetheir 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.