Busy Bees Benefits: SMEs lifeblood of the UK economy

SMEs are the lifeblood of the UK economy. However, even with the recession, there remains a well-documented struggle for this sector to compete in the recruitment and retention of skilled employees.

Working for SMEs rather than large corporates has many advantages for employees; greater flexibility, closer connection to the visions and goals of the business and increased personal responsibilities.

The reality, however, can be a little more challenging; when deciding where they want to work, employees often chose larger businesses simply because of the perceived extra workplace benefits offered by the larger organisation.

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The good news is that the benefits market for SMEs has been changing over recent years. Providers are now able to offer benefits schemes to SMEs that are of equivalent quality to those provided to large corporates, allowing SMEs to start competing on a level playing field.

Find out more on how SMEs can improve retention and recruitment.