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More Male Business Owners Consider Employee Health Benefits Important

Armen Hareyan's picture

Employee Health Benefits

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About 67% of men who own or administer small businesses consideremployee health benefits important, compared with 59% of women in thesame position, according to a survey released on Monday by American Express, USA Todayreports. The survey included responses from 627 small-business ownersand administrators. Alice Bredin, a consultant to American Express,said that men who own or administer small businesses are more aware ofthe need to offer health benefits to compete with other businesses. Shesaid men tend to think, "If I'm going to hire, I'm going to need tooffer health care."

However, Sharon Hadary, executive director of the Center for Women's Business Research,said that she "would have expected (the results) to be the other way"because women who have cared for children or elderly parents likelywould have more appreciation for health and other benefits. "My familyhas a safety net," Hadary said, adding, "Do my employees have a safetynet?" (Hopkins, USA Today, 10/1).

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