U.S. companies are complaining loudly about their staffing problems. They cannot find people with the skills they need, they lament. And it is very hard to predict staffing requirements when technological disruptions can lead to rapid changes in markets, business models and the way that individual departments work.
When making strategic decisions, organizations need to consider the total cost of their workforces, referred to as Total Cost of Ownership (TCO).
For the second year, the ADP Research Institute® examined the types of companies — by size and type of industry — that offer retirement benefits, as well as the retirement savings behaviors of approximately 10 million U.S. employees in 2014.
According to the 2014 Midsized Business Owners Study, midsized business owners continue to struggle with the rising cost of health care and other benefits, the complexities of the Affordable Care Act (ACA), and the volume of government regulations.