More executives of U.S. companies are more concerned with reducing the cost of employee benefits excluding health care, according to a new report released by Prudential Financial and CFO Research services on Thursday.
The report titled “The Future of Retirement and Employee Benefits” marks the first time that non-health care employee benefit costs ranked in the top three concerns of the executives surveyed. Thirty-three percent of the respondents surveyed indicated they are concerned about cutting costs for non-health care benefits such as saving for retirement, which did not come up as a top concern in prior 2009 and 2010 reports.
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