After pay, health insurance is the inducement small businesses use to recruit and keep workers motivated. However, many companies are discovering the ability to offer cheap health insurance as premiums continue to grow and the choices available still decrease. Employers have begun to think” from the box” and are taking a look at new methods to offer their workers benefit programs and to keep them inspired.
NAPEO, the National Association of Professional Employer Organizations, conducted worker benefits survey from November 2007 of its members’ clients to understand the concerns of small and midsize companies. NAPEO is a company which represents firms, PEOs, that specialize in providing human resources outsourcing support and employee benefit packages to small and midsize employers. Mirroring the opinion the trade association found that health care costs were their worry after bringing employees.