Small employers are significantly more likely to offer work flexibility to all or most employees than employers of other sizes, but large employers are providing more benefits that have direct costs, according to a study by the Families and Work Institute.
The study also found that small, mid-sized and large employers have largely maintained or increased the overall work life assistance they provide to employees, with cutbacks primarily requiring employees to pay a larger share of disability, healthcare or retirement-benefit costs.
According to the study, small employers, defined as organizations with 50 to 99 employees, tend to offer their employees greater flexibility, such as flextime, returning to work gradually after childbirth or adoption, taking time off for education or training to improve skills, or phasing into retirement.
Conversely, the study also found that large companies employing more than 1,000 workers tend to offer more direct-cost benefits, including 401(k) retirement plans, on- or near-site or backup child care and Employee Assistance Programs.
Small Business Offer Workers More Flexibility
Small business are more likely to work with employees to create a beneficial work environment, though larger companies are more likely to spend money on benefits.