Why small businesses are banking on better benefits

In today’s job market, workers expect far more than health insurance from their employers.

For some businesses, that’s been a problem.

Yet, for employees, these offerings are increasingly important, especially as wages remain stagnant and younger workers, in particular, put more emphasis on finding a career with a flexible schedule and a better work-life balance.

Personal finance reporter Jessica Dickler cites Unum research in this article on how HR providers are finally able to bring big company benefits to the table.

About Unum Group

Unum Group (NYSE: UNM), an international provider of workplace benefits and services, has been helping workers and their families for 175 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident, critical illness, dental, vision and stop-loss insurance; leave and absence management support and behavioral health services. In 2022, Unum reported revenues of about $12 billion and paid $8 billion in benefits. The Fortune 500 company is one of the 2023 World’s Most Ethical Companies, recognized by Ethisphere®.  

 

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