According to the survey, many businesses appear to be attempting to sustain without imposing a reduction in headcount.(Photo: Fotolia)
Results from Principal's new Financial Well-Being Index released this month indicate that employers are continuing to prioritize employee benefits and health care in the wake of the fiscal impact of COVID-19. The survey collected responses from 500 "business decision-makers" spread across companies with between two to 10,000 employees.
Those respondents were asked to rank their top five employer concerns, with "protecting employee health in the era of COVID-19" and "the cost of health care" ranking at numbers two and five respectively. Of course, it may help that the majority of business leaders surveyed (49%) said that the current state of business financials qualified as "stable," with another 41% indicated that their financials were "growing."
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Frank Ready
Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected].
