Although some insurance company executives say they are now using analytics, others say they’re still on the fence about it or only beginning to explore its possibilities.
RENO, Nev., June 24, 2014 – Summer jobs at local restaurants, retail stores, medical offices and many other small businesses may be hard to come by for student workers this summer. A new poll of small business owners by EMPLOYERS® (NYSE: EIG), America's small business insurance specialist®, found that only one in five (19 percent) are planning to hire student workers this summer. Summer jobs at small businesses will remain flat compared to last year.
EMPLOYERS Small Business Opinion Poll Snapshot:
Small businesses that plan to hire students this summer don’t anticipate much difficulty finding employees. Three-fourths of them said they expect finding a student worker to be easy. Small businesses value students because of their flexible schedules (33 percent), lower pay rate (27 percent) and ability to bring fresh ideas (14 percent).
Most small businesses that are hiring this summer are looking to fill clerical or office work positions (42 percent) or need help with construction work or manual labor (41 percent). Only 13 percent plan to fill restaurant or food service positions and only 4 percent are hiring for retail jobs.
Among business owners, there is greater demand for college students than high school students. More than half (53 percent) of small business owners plan to hire college students this summer, followed by 39 percent who are looking for high school students. Only 6 percent anticipate hiring a post-graduate student.
Workplace Safety Training for Students Often Overlooked
“Many small businesses don’t recognize the risks associated with student workers and don’t provide any type of workplace safety training,” said EMPLOYERS Chief Operating Officer Stephen V. Festa. “Even though they may be temporary, these workers are eligible for the same workers’ compensation benefits as full-time employees if they get injured or ill on the job.”
More than one out of four small business owners polled (27 percent) said they do not offer workplace safety training for new student workers they employ. Among those who do offer it, only half (52 percent) say that it is required.
Small businesses that employ students may overlook workplace safety training due to a false sense of security. “Last summer, only three percent of business owners who hired students reported that they had one get injured or ill on the job,” Festa explained. “While a low incident rate is good news, overlooking workplace safety is a poor business decision. By creating a culture of safety, costly employee injuries may be prevented.”
Festa recommends small business owners follow these four steps to ensure the safety of all their employees:
EMPLOYERS offers additional resources to help small business owners design and implement workplace safety programs through its website.
All figures, unless otherwise stated, were collected by SSRS SmallBiz Omnibus, an independent market research company. Interviews were completed via telephone with a nationally representative sample of 505 small business owners that have fewer than 100 employees. Fieldwork was conducted between May 14 and May 29, 2014.
About Employers Holdings, Inc.
Employers Holdings, Inc. (NYSE: EIG) is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select small businesses engaged in low-to-medium hazard industries. The company, through its subsidiaries, operates throughout the United States. Insurance is offered by Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, and Employers Assurance Company, all rated A- (Excellent) by A.M. Best Company. Additional information can be found at: www.employers.com.