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Barbara Weltman

Big Ideas for Small Business, Inc.

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Work-life Trends for Small Businesses

November 14, 2020 / By Barbara Weltman

According to MetLife’s new small business report, two out of three employees are feeling more stressed than before COVID-19. Employees who successfully manage the stress of the blended work-life world are more likely to feel productive, engaged, and valued at work, which can help drive tangible outcomes for small businesses. Pre-pandemic, only 38% of small business employees saw themselves as holistically (physical, mental, social, and financial) well. After the start of the pandemic, three in four small business employees reported concerns about at least one aspect. Improving holistic well-being among employees by one point on a seven-point scale can translate to overall increases of 9% in productivity, 12% in engagement, and 10% in loyalty for the employer. MetLife is now working with GIS Benefits to help employers offer access to various benefits; learn more here.  #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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