Access to quality benefits like affordable healthcare and childcare is critical for ensuring small businesses can attract and retain a competitive and skilled workforce.
Nuevo México Small Business Owner Highlight
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Since its inception more than 70 years ago, the U.S. Small Business Administration (SBA) has helped millions of small businesses across the country access the capital and resources needed to thrive and grow.
Nuevo México Research
Small business owners know it makes good business sense to care for their employees as this is crucial to hiring and retaining a skilled workforce. However, many small employers struggle to provide benefits like paid family and medical leave, putting them at a disadvantage when competing for talent with large corporations that can afford to offer robust benefits on their own. As state policymakers consider a number of proposals for the 2024 legislative session, a new opinion poll reveals that small businesses support a state-administered paid family and medical leave insurance program in New Mexico.
This report compiles findings from focus groups and roundtable discussions with rural small business owners and other small business stakeholders in four states, as well as the results of a national poll of rural small business owners. The report also features recommendations for policymakers and service providers to increase opportunities for rural entrepreneurs.
New scientific polling in Louisiana, Michigan, Mississippi and New Mexico shows small business hiring of lower-level employees is diverse, but more can be done to increase diversity in the hiring of upper-management employees. Additionally, some small employers plan to hire or promote in order to increase the diversity of their high-level workforce within the next few years.