Employers are nowhere near as worried about the state of the economy or the implications of the Patient Protection and Affordable Care Act as they are about proposals to reform the definition of "joint employer" by the National Labor Relations Board.

That's what a recently released survey of business executives by Littler Mendelson, a major management law firm, found when 503 executives working across different industries and regions were asked to rate their levels of anxiety about various major workplace issues.

The study revealed that only 33 percent expressed significant concern about the effects of new health care regulations on their companies, down from 66 percent in 2012.

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