Aflac Workplaces Report Shows Employers Focusing on Controlling Costs

RxAflac released its annual Aflac Workplaces Report and from the looks of it, it isn’t pretty. The study looked at responses from 5,209 employees and 1,856 business decision makers.

Almost one-third of businesses eliminated or delayed raises and 22 percent of businesses have eliminated or cut back on raises. Slightly more than 20 percent of businesses changed full-time workers to part-time status. And more than half of companies boosted employees’ copayments and/or employees share of premiums last year. 

Need more grim news? Just about half (49 percent) of employers indicated their top business issue involves controlling costs.

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