Congratulations to all small businesses who we recognize during small business week. Small businesses have their own unique concerns, and according to a recent Gallup Survey some of the more pressing ones are:
- governmental regulations,
- healthcare in light of reform and how it affects the small employer, and
- finding and keeping talented employees.
The good news is that there are government employment laws and regulations that take size into account, and provide exemptions or exceptions for smaller employers. For example the Family and Medical Leave Act only applies to employers with 50 or more employees. This is also true of the Affordable Care Act, also known as Obamacare, which only has requirements for Applicable Large Employers who have 50 full time employees or more.
Small employers are not alone in being concerned with finding and keeping talented employees. One way to attract and retain employees is to have a business that employees can believe in, and to have employees understand how they contribute to the success of that business. An advantage of small businesses is how clear it can be for an employee to see how their activities impact the business. More and more, small businesses realize that they are in a unique position to also have employees who can easily work in a collaborative style to meet the goals of the business.
In honor of small business week, MSEC has rolled out information specifically designed for small employers. Our members who are small employers have access to a checklist, sample handbooks, and our Health Care Reform Learning Zone, an explanation of the small business tax credit under the Affordable Care Act.
If you want to find out how MSEC can help your small business, call 800.884.1328 or email firstname.lastname@example.org.