Finding and retaining employees with the right skills and level of experience is a challenging feat for a business of any size. For small businesses, in particular, competing with other organizations for the same pool of talent can feel like an uphill battle at times.
Research from MetLife’s Employee Benefit Trends Study (EBTS), with insights specifically into small business trends, shows that attracting and retaining talent are the top business concerns for small employers. However, these concerns arise in the face of a difficult backdrop; according to data from MetLife and U.S. Chamber of Commerce’s Small Business Index (SBI) 60% of small businesses report that it is challenging to keep up with employees’ salary expectations and demands.
