Employee concerns
When it comes to personal finances, small business employees have the following financial concerns, finds a Colonial Life online survey:
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Employee interest
Small business employees have interest in buying additional insurance benefits if they had access to them through their employers:
Economic lifeblood
Small businesses are the lifeblood of the U.S. economy, says Rich Williams, senior vice president, growth markets, at Colonial Life. Our research shows the concerns of their employees arent that much different than larger firms when it comes to personal finances.
If youre considering adding voluntary benefits to increase retention at your small business, here are five things you should look for:
Special experience in the small employer landscape
A consultative approach
time to get to know their goals for benefits communication, and that will work closely with them as part of a team. They should be evaluated in the same way as any other consultant.