CFOs List Flextime as Important

July 20, 2004 (PLANSPONSOR.com) - In another indication of workers' interest in maintaining a work-home life balance, a third of chief financial officers (CFOs) in a new poll say employees at their companies most want flexible schedules.

The national poll, conducted by an independent research firm and developed by Accountemps, found that retirement savings plans ranked second (17%), while 16% of respondents said workers had more off time uppermost on their minds.

Also cited by the CFOs as benefits important to workers are:

  • Spot bonuses, (13%)
  • Health care benefits/health insurance, (13%)
  • Equity incentives, (3%)
  • Don’t know/other (8%)

“Lean staffing levels mean many employees are working longer hours. At the same time, a growing number of professionals must meet mounting personal obligations, including caring for children and elderly relatives,” said Max Messmer, chairman of Accountemps. “For this ‘sandwich generation’ of employees, increased control of their time enables them to balance competing demands.”

The survey included responses from 1,400 CFOs from a random sample of US companies with 20 or more employees.

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