Friday, August 12. 2011
While many job seekers may put much weight into whether a hiring company offers health insurance benefits, some small businesses may be putting just as much emphasis on curbing the employee benefit, according to CNNMoney.
Many small companies are attempting to cut costs by hiring part-time employees instead of full-timers. This relieves them of the burden of offering benefits like health insurance and life insurance, which can help their bottom line at a time when saving money is vital, the source explains.
While all businesses are required to offer some benefits - including Social Security and workers' compensation - others are not legally necessary, according to the Small Business Association.
As such, many job seekers hoping to get healthcare coverage for themselves and their families may be thwarted in their efforts. Some small business owners even go so far as to warn the unemployed that demanding health insurance may put them well out of the race for a position, the source explains.
"Every time we hire an employee that is full-time, whatever salary we give them, we attach 35 percent to the cost as an employer," explained business owner Liz Parker, according to the source.
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