HR Executive: How SMBs are Outperforming Large Enterprise Benefits Strategies
While many major corporations are scaling back on essential employee benefits, small businesses are using strategic benefits to outmaneuver their larger competitors in the hunt for top talent.
In a recent HR Executive article, “Big firms are cutting PTO. Why SMBs may not have to,” G&A Partners’ Grace Jaén breaks down how small businesses are outshining larger enterprises’ one-fits-all approach to benefits offerings.
Jaén explains that the true "SMB advantage" lies in strategic precision. Smaller organizations have a personal understanding of what drives retention and costs, along with the profound impact that benefits (or lack thereof) will have on their workforce.
"Employees at larger companies often perceive benefit changes as being driven primarily by bottom-line considerations,” says Jaén, "whether or not that’s the full picture.”