2009 National Poll: Sixty-Five Percent of Small Business Leaders Report Business Worries Keep Them Awake at Night

Reno, Nev. – May 11, 2009 – Nearly two-thirds (65 percent) of small business decision makers say that worries about their businesses keep them awake at night, according to the Small Business Opinion Poll conducted by Opinion Research Corporation, commissioned by EMPLOYERS®, America’s small business insurance specialist®. According to the 500 small business decision makers polled across the country, they worry most about the economy, growing and maintaining their business, meeting operating expenses and their business closing.

Small business decision makers also are paying close attention to the federal government’s various stimulus bill packages first geared toward very large financial institutions and more recently the small business stimulus package. More than half (55 percent) of small businesses do not believe the initial stimulus bill included enough provisions to benefit them. Impressions of the government’s latest effort to stimulate small business lending via the Small Business Administration have not yet been quantified.

“America’s small businesses and entrepreneurs will play a more profound role than ever in driving growth in the next economic cycle,” said Douglas Dirks, president and CEO, Employers Holdings, Inc. “They are the job generators and innovators who will lead us out of the recession, and we want to provide them with the tools to succeed in these challenging times. Because we are exclusively focused on serving small businesses, we are well suited to help them run a more effective, profitable business.”

Additional small business decision maker sentiments garnered from the Small Business Opinion Poll include:

EMPLOYERS recognizes the challenges small businesses face as they focus on doing what is necessary to make it through the recession. Naturally, small business decision makers are carefully evaluating cost structures and working to enhance operational efficiencies, which is smart business no matter what the economic climate. And because most businesses are required by law to carry workers’ compensation insurance, EMPLOYERS is committed to providing them with helpful information and insights into how they can ensure their businesses are protected while simultaneously minimizing costs.

Following are eight simple steps small business owners can follow to help control the costs associated with workers’ compensation insurance:

About the Small Business Opinion Polls

The surveys commissioned by EMPLOYERS sampled 500 owners or managers of small businesses with 1-99 employees. Data was collected through telephone interviews during the period February 19 – March 2, 2009 (for stimulus bill-related data) and Dec. 11 – 22, 2008 (for sleep loss data) at the 95% confidence level. The sample is stratified across business size and industry grouping, including manufacturing/construction, transportation/ communication, wholesale/retail, financial services, or personal/professional services businesses. The survey was conducted by Opinion Research Corporation.


Contact Information

Company contact: Mike Paquette
(775) 327-2562 or mpaquette@employers.com

Investor relations contact: Adam Prior, The Equity Group, Inc.
(212) 836-9606 or aprior@equityny.com


About Employers Holdings, Inc.

EMPLOYERS® and America’s small business insurance specialist® are registered trademarks of EIG Services, Inc. Employers Holdings, Inc. 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 operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See www.employers.com and www.cerity.com for coverage availability.