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Article: When It Comes to Employee Benefits, U.S. Small Businesses Are Coming of Age; Sharp Increase in Demand for Voluntary Benefits; Higher than Average Rates of Employee Loyalty, Satisfaction.
- Article from:
- Business Wire
- Article date:
- June 27, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Stereotypes to the contrary, today's small businesses have caught up with - and in some cases, outpaced - their larger peers when it comes to the quality and diversity of employee benefits offerings. According to MetLife's recently released Employee Benefits Trend Study, more than one-third (34%) of workers at small businesses with fewer than 50 employees are "satisfied with the benefits (they) receive through (their) employer," compared with 29% of employees at midsize and large companies (200 - 4,999 employees). Overall, benefits satisfaction at small businesses (34%) is on par with satisfaction levels at the largest U.S. companies with 10,000 - 24,999 ...