More paid time off, flexibility can help small businesses attract good employees

While big corporations make headlines for shedding large chunks of their workforce, many smaller businesses are still struggling to staff up.

In fact, nearly a quarter (23%) of small-business owners listed finding and retaining talent among the top challenges facing their business, according to an October 2022 NerdWallet survey.

Beefing up your benefits package is one way to solve your hiring woes — and it doesn’t have to be at the expense of your cash flow. There are cost-neutral perks that can make your company stand out to candidates, as well as big-ticket items for businesses with the budget to invest in benefits.

Increase paid time off

It doesn’t cost

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