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George S. May International Company survey suggests that some employees may not want healthcare coverage.

By georgesmay on October 7, 2009 United States of America

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1,046 small business owners participated in a health care survey conducted by George S. May International Company in September.


FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 7, 2009 -- George S. May International Company survey suggests that some employees may not want health care coverage.

1,046 small business owners participated in a healthcare survey conducted by George S. May International Company in September. The survey revealed that nearly 55% of small business owners have never directly asked employees if that want a healthcare plan. Managing director Paul Rauseo said “Small business owners can no longer afford to assume their employees want healthcare coverage.” "An increasing number of people are voluntarily uninsured because they want to invest those healthcare dollars in other ways. Small business owners need to recognize this trend and have an honest talk with their employees about benefits that make sense."

George S. May International Company survey suggests that some employees may not want healthcare coverage.

/> At a time when 45 percent of small businesses aren’t profitable, both the employees and company win when small business owners talk openly about benefits, according to Rauseo. "We’ve found that the top three employee complaints include salary size, internal pay equity, and the benefits program," he said. "If employees don’t want full healthcare coverage, businesses can drive profitability and employee satisfaction by using that savings to fund performance-based incentive programs that address these complaints."

But small businesses aren’t quite there yet. The George S. May survey also found that while 31 percent of respondents have increased employees` contributions to healthcare coverage, only 28 percent have used the savings for performance-based

incentives, including bonuses and pay increases.



About George S. May International Company

George S. May International Company is one of the most established management consulting firms in the United States. Since 1925, it has been helping business owners improve their operations, profits, efficiency and effectiveness. The company is headquartered outside of Chicago in Park Ridge, Ill.


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About the author

  • Name: George S. May International Company

    Email: ***@georgesmay.com

    Website: http://www.george-s-may.com


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