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30 percent of CFOs plan to cut health care benefits


Thirty percent of chief financial officers in a nationwide poll said they are planning on reducing health-care benefits, according to a survey released this morning by Grant Thornton International Ltd. According to the survey of 508 CFOs and senior comptrollers conducted between Oct. 5 and Oct. 15, 23 percent are planning to reduce bonuses and 18 percent plan to reduce stock options or other equity-based compensation. A majority of the respondents, 84 percent, cited employee benefits as their greatest pricing pressure, up from 68 percent six months earlier.

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