August 19, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Startup News

 

Ways For Small Businesses To Take Care Of Workers Without Breaking The Bank

Written by Ken Gaebler
Published: 7/19/2010

MetLife report details helpful tips for small business owners.

According to a study by an insurance industry giant, small businesses can improve worker's satisfaction without breaking the bank.

Entrepreneur Open for Business

MetLife made small business news by releasing a report entitled "Building A Better Benefits Program Without Breaking The Budget: Five Practical Steps Every Small Business Should Consider," which revealed that only about one-third of employees were satisfied with their benefits. In order to help companies keep their workers happy, the study educates small business owners on what is important to employees.

The five steps are: giving non-medical benefits that include dental disability and life insurance, a wellness program, giving financial advice, communicating existing benefits more effectively and helping encourage a balance between work and life.

"While healthcare legislation has grabbed the attention of small business owners and brokers, it is important to recognize that health coverage may become less of a differentiator when it comes to hiring, retaining and motivating workers," said Scott Beck, vice president of broker and consultant strategies at MetLife.

This isn't the first time MetLife has made headlines in recent days. The insurance company's foundation recently gave a $250,000 grant to the National Staff Development Council in an effort to revise the council's Standards for Staff Development.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Small Business News

Our reporters cover all aspects of entrepreneurship. Our perspective is dedicated to helping you to start and grow your business.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors