Providing Healthcare Benefits Is Top Business Challenge for Company Leadership, According to Adecco Staffing US Survey

     Providing Healthcare Benefits Is Top Business Challenge for Company
              Leadership, According to Adecco Staffing US Survey

Companies Holding Back on Hiring Due to Rising Costs of Benefits like
Healthcare

PR Newswire

MELVILLE, N.Y., Nov. 6, 2012

MELVILLE, N.Y., Nov. 6, 2012 /PRNewswire/ --More than half of senior
executives in the U.S. cite providing healthcare benefits to their employees
as the greatest business challenge they face, according to a new survey by
Adecco Staffing US. Furthermore, 35 percent of executives are holding back on
hiring additional employees because of the passing of the recent healthcare
reform act and price increases associated with it.

Interestingly though, the survey, which polled more than 500 senior company
executives, found that healthcare costs are not a new concern among
businesses.In fact, it has long been a thorn in the side of top executives -
more than one-third (35 percent) of those surveyed report that healthcare
benefits were their top business challenge before the recession.

While healthcare continues to be the main concern among business leaders,
salary and compensation costs trail only slightly behind it; 41 percent of
executives identified salaries/compensation as their top business challenge
today compared to 33 percent who said the same prior to the recession.

"While there certainly have been political and economic changes since the
recession started in 2007, it's interesting to see that senior executives face
the same challenges they did five years ago," said Joyce Russell, president of
Adecco Staffing US. "Business leaders continuing to find competitive
healthcare and salary packages as their two biggest challenges calls attention
to the impact that the economy and changing regulations can have for an
organization. As regulations change, businesses are often put in situations
where they're faced with figuring out how to adjust their systems and
processes to comply with policies instead of completely focusing on ongoing
business challenges and opportunities."

In fact, the majority of companies are focused on the outcome of this year's
election as a barometer for their businesses moving forward.A majority of
senior executives (74 percent) say the outcome of this week's election is
important to their business, with most concerned about the effect that future
economic growth (71 percent), healthcare reform (65 percent), and national
debt/managing the deficit (53 percent) will have on their business.

Other survey findings include:

Next president should make it easier for businesses to grow. Respondents have
some thoughts on what they feel they need from the government to create jobs,
including providing incentives to businesses to hire more (49 percent),
investing in infrastructure improvements (44 percent), and reforming
bureaucratic practices in the U.S. (43 percent).

Company executives largely split on best presidential candidate to boost
business. About half (54 percent) of respondents believe that Mitt Romney is
the best candidate for the growth and success of their business.The survey
also revealed that 62 percent of respondents believe President Obama is not
doing all he can to help businesses grow and succeed in the current economy.
Despite executives' varying opinions about who would be the better president,
14 percent of small business executives and 6 percent of large business
executives believe neither candidate will necessarily be good for the growth
and success of their business.

Advice for the president. When asked what advice they would give the
president if they could, 18 percent said he should reduce
government/regulations, 13 percent suggested creating more jobs/small
businesses, and 11 percent advised being bipartisan/working together.

Cautious optimism abounds. Nearly half (47 percent) of executives believe
their business profits will increase over the next year, while only 18 percent
believe their profits will decrease. In addition, small business executives
are more likely (48 percent) than medium or large business executives (41
percent) to say their profits will increase over the next year.

"This is an interesting time in the U.S. right now, with an election that will
have a definite impact on the business and economic landscape," said Russell.
"Senior executives – corporate decision-makers nationwide - are obviously very
close to the business world, so it stands to reason they would have some
valuable advice for what is needed to for business to grow and hiring to
continue to bounce back in a meaningful way for us all."

Methodology

Adecco commissioned a telephone survey of 501 senior level executives
(identified as CEO, CFO, COO, Partner, President, CMO, CXO, Owner, Managing
Director, SVP/EVP). Fielded by Braun Research, the survey was conducted
October 2 – 8, 2012. Survey results have a margin of error +/- 4.37% for this
sample size.

About Adecco Staffing US
Adecco Staffing US is the nation's leading provider of recruitment and
workforce solutions. It is the pre-eminent workforce management partner for
Fortune 500 companies and career advisement expert for American workers,
serving all of the key industries and professions that drive the U.S. economy
forward. Adecco has more than 450 career centers and, on any given day,
connects 70,000 talented workers to the best job opportunities across the
country, making them one ofAmerica's largest employers. Visit adeccousa.com
for more information.

About Adecco Group North America:
Every day we provide our clients with the talent they need, and help solve the
business challenges they face today – and will encounter tomorrow. Our clients
rely on us for a wide range of workforce solutions including:

  oContingent staffing and direct hire recruitment for large enterprise
    organizations across all skill sets
  oWorkforce solutions and consulting including Managed Services Programs
    (MSP) & Recruitment Process Outsourcing (RPO)
  oCareer transition and leadership consulting
  oSpecialty staffing, project solutions and consulting services

Additional information is available through our websites at
www.adeccogroupna.com and www.adeccousa.com.

About the Adecco Group:
The Adecco Group, based in Zurich, Switzerland, is the world's leading
provider of HR solutions. With more than 33,000 FTE employees and a network of
over 5,500 branches, in over 60 countries and territories around the world,
Adecco Group offers a wide variety of services, connecting over 700,000
associates with more than 100,000 clients every day. The services offered fall
into the broad categories of temporary staffing, permanent placement, career
transition and talent development, as well as outsourcing and consulting. The
Adecco Group is a Fortune Global 500 company.

Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on
the SIX Swiss Exchange (ADEN)

About Braun Research, Inc. (BRI)
BRI is a well-respected and internationally recognized firm that employs
techniques and standards approved by leading survey research academic
organizations in the world. BRI is an active member in a number of respected
organizations throughout the industry, including The American Association for
Public Opinion Research (AAPOR), Council on Marketing and Opinion Research
(CMOR) and Council on American Survey Research Organizations (CASRO).

SOURCE Adecco Staffing US

Contact: Vannessa Almeida, Adecco Staffing US, +1-212-843-1965,
vannessa.almeida@adeccona.com, Paula DeGangi, Ketchum for Adecco Staffing US,
+1-646-935-4029, paula.degangi@ketchum.com
 
Press spacebar to pause and continue. Press esc to stop.