an excerpt from
managing
financial
risk
in retirement
&benefits
programs
A report prepared by CFO Research in collaboration with Prudential Financial, Inc.
IN FEBRUARY 2014, CFO RESEARCH— in conjunction with Prudential
Financial, Inc.— surveyed senior finance executives from arange of midsize
and large U.S. companies (“2014 survey”). CFO Research and Prudential
have carried out similar studies for the past five years, allowing us to track
long-term trends in the evolution of retirement and benefits strategies. CFO
Research gathered a total of 182 complete survey responses from senior
finance executives working in a broad crosssection of company segments.
Adapting Offerings to a
Changing Benefits Environment
Finance executives continue to view
benefits offerings as an important
part of human capital management,
with approximately three-quarters of
respondents agreeing that employee
satisfaction with benefits is important
for their companies’ success (76%),
and that employee benefits are critical
to attracting and retaining employees
(77%). However, the steadily increasing
cost of benefits programs remains a
concern for finance executives, and they
continue to seek the most value for their
benefit expense.
Controlling the employer’s cost for
company provided healthcare benefits
remains the number-one benefits
16 | Summer 2015
priority, selected by 54% of respondents.
At the same time, in 7&V6