Three in four business executives at companies deemed best-in-class in respect to employee benefits say their company benefits significantly boost employee retention and loyalty, according to a new report.
Principal Financial Group, Des Moines, Iowa, published this finding a survey titled "The Principal 10 Best Companies for Employee Financial Security." Based on interviews with executives at 20 of 58 companies surveyed in a fall 2011 poll, the study explores best practices used by the firms to achieve greater financial well-being for their employees.
The study was conducted in partnership with Harvard Business Review Analytic Services. The companies include both publicly owned and privately held organizations, service business and manufacturers with from 15 to nearly 100 employees.
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