Minnsights Blog

Businesses identify attracting and retaining talent among the greatest challenges. How do you know if you’re offering compensation and benefits that will compete for the best employees? Minnesota Chamber’s business services offer a benchmarking program through salary.com that gives you access to the largest, most comprehensive dataset to design competitive pay and benefits for your business. 

Access to high-quality, affordable health care is necessary for employers to stay competitive. A strong majority of Minnesota Chamber member organizations offer health insurance to their employees, although employers – especially small employers – struggle with the high cost of insurance. And according to a recent survey, 75% of those who offer these benefits report that they will need to make a change their offerings if costs continue to increase.

Strategic investments that encourage economic growth and recovery also reduce regulatory burdens and roadblocks to innovation.

The Minnesota Chamber supports changing Minnesota’s state election process to allow for greater voter contact and participation, and maintaining fair campaign finance laws for all participants.

Minnesota companies are often recognized as some of the best places to work in the nation. Employers are in the best position to design benefit packages that serve the needs of their businesses and employees. Mandating broad-sweeping, one-size-fits-all employee benefits threaten employees’ ability to compete, especially as the state’s economy begins to recover from the COVID-19 pandemic. Legislators must preserve private-sector flexibility on wage, benefit, scheduling and employee classification divisions.