Business owners who offer employee benefits typically do so not only to provide for their workers, but also as a way to recruit top-tier to talent to their businesses. And, while most entrepreneurs are optimistic about their ability to grow in the coming years, it's not something that comes especially easily, according to new polling data.
Approximately six in 10 chief financial officers indicated that they found it "somewhat" or "very" difficult to find ideal candidates in order to fill open positions, based on recent survey statistics from staffing firm Robert Half.
Paul McDonald, senior executive director at the Menlo Park, Calif.-based recruitment services company, noted that a business' ability to grow often begins and ends with the people that represent it.
"A company's success often is directly tied to its ability to attract and retain talented employees," said McDonald. "The businesses best positioned for success are those with well-established hiring processes, including seeking referrals from internal staff [and] leveraging external networks for leads."
With the Patient Protection and Affordable Care Act in place, which mandates that business owners who employ 50 or more workers provide health insurance for their staff, some entrepreneurs are concerned that the legislation will adversely affect their ability to recruit, due to the essential health benefits provision. However, business owners should still be able to offer the same packages they do now without having to change them for the foreseeable future, as the mandate was pushed back to 2016.
"The Chamber will continue to push for critical regulatory and legislative proposals that will alleviate uncertainty and ease the burden on businesses and their employees," said Thomas Donohue, president of the U.S. Chamber of Commerce following the announcement that the ACA was being delayed once again.
The U.S. Chamber of Commerce is one of several trade associations opposed to the current construction of the ACA.
