How small businesses are mitigating COVID-19 challenges

This is a transformative time for small businesses, which, in response to the challenges of the pandemic, are adopting new strategies to succeed. Greater support of employees and their well-being and investments in technology are elements that are helping many small businesses survive and thrive. The 10th Annual Guardian Workplace Benefits Study explores the challenges and trends of America’s small businesses today.

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The PEO advantage

This report examines the growth of the PEO (professional employer organization) industry, how organizations are using them, and the advantages and challenges they’ve experienced from working with them. In an environment of “quiet quitting” and as the hiring market picks up post-COVID, employers are keen to offer as competitive a benefit package as possible while controlling costs. Evaluating whether PEO membership may be right for them could be a key part of that strategy.

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Benefits for small business owners

For long-term success, small business owners can work towards protecting their employees, their businesses, and themselves. Benefits can keep your current employees happy and help you to continue attracting great talent as your business grows. Individual protection like disability insurance can help protect your business if you get too sick or injured to work. Consider the following benefits for your small business:

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Individual disability income products underwritten and issued by Berkshire Life Insurance Company of America (BLICOA), Pittsfield, MA. BLICOA is a wholly owned stock subsidiary of The Guardian Life Insurance Company of America (Guardian), New York, NY. Product provisions and availability may vary by state.
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