Are Your Benefits Competitive?

We recently surveyed 150 owners and managers of small U.S. financial service firms and learned that many employers (32%) contribute 100% to their employees’ benefits and retirement programs. Although an additional 30% said they offer the bare minimum, and a further 25% perceive that their company is contributing about the same as similar companies. Employee participation levels vary.

During this time of year, employers often see an increase in employee absences due to pesky winter illnesses like colds and flu. These bugs can affect anyone and no one can predict when illness will strike in your workplace. It’s not too late to prepare and review that you have a solid policy and procedure in place to handle an influx of employees calling in sick.