Small Business as a Happiness Driver
About half of employees surveyed say they are happiest working at a small business. Further, almost all respondents agree that employee happiness is at least somewhat (36%) or very (55%) important to their company’s leadership team.
Small-business employees are having more fun
A majority of employees surveyed perceive working for a small business to be less stressful and more fun.
Small-business employees are satisfied, and they feel their opinions matter at work
Almost all employees surveyed say they are satisfied working for a small business, with 59% saying they are very satisfied and 36% responding they are somewhat satisfied; only 2% responded that they are very unsatisfied.
Further, almost 9 in 10 employees feel like they have the opportunity to voice their ideas and opinions and have them heard and listened to.
Top benefits of working for a small business
The top perceived benefits of working for a small business include more flexible scheduling and feeling more appreciated. Many small-business employees also agree that they have an impact at work and can see the fruits of their labor.
The best parts of working for a small business
When it comes down to the best part of working for a small business overall, “feeling like a family” has the highest rating among all employees surveyed.
Salary and health care coverage rank as top challenges of working for a small business
Salary and health care coverage are almost equally ranked as the top-selected challenges of working for a small business, followed closely by finding coverage or a backup when co-workers need to take time off.
Pay equity in small business is on the rise
Four in five small-business employees surveyed think they are being compensated equally with their co-workers. However, when asked if they think the small-business industry achieves success when it comes to equal pay, 48% of respondents believe there is room for improvement.