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Satisfied Employees More Productive

The second annual Manulife Financial Small Business Research Report has found Canadian small business owners believe satisfied employees are more productive and focused and providing health and retirement benefits is a key component to boost employee productivity. It shows 95 per cent of respondents make the connection between satisfaction and productivity with providing employee benefits a key tool in building employee satisfaction. Small business owners are equally satisfied with having a company health and retirement benefits plan. The survey shows seven in 10 small business owners say that having a company health and retirement benefits plan is as much for their own well-being as for their employees'. Furthermore, small business owners believe that offering health benefits to employees serves as a strong incentive for workers. Almost half (48 per cent) believe a health benefits plan is more effective than paying employees a higher wage.

Courtesy of Benefits and Pensions Monitor website News Alerts


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