70% of small business owners said they have implemented or will implement vaccine mandates, a recent survey showed.
In the face of widespread labor shortages, many employers, especially small business owners, are skating on thin ice with their employees. If an employee quits or is fired, it could take months or more to find a replacement.
Small business owners in the retail sector are the most supportive of employee vaccine mandates, according to the survey, which was conducted from Sept. 30 to Oct. 7. Some 70% of them said they have implemented or will implement vaccine mandates, compared to some 54% of service-sector business owners, who were the least likely to do so.
“‘Even though most of our members aren’t impacted by President Biden’s mandate, those who are have expressed concerns it could exacerbate existing labor shortages and weekly testing costs could become very costly’” “Even though most of our members aren’t impacted by President Biden’s mandate, those who are have expressed concerns it could exacerbate existing labor shortages and weekly testing costs could become very costly,” Day told MarketWatch. “That said, concerns over ongoing outbreaks/variants are growing among small businesses and the fear of shutdowns is palpable.”
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