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NOWMIDSIZED COMPANIES’ BUSINESS OUTLOOK:CAUGHT IN THE MIDDLE AND TAKING CONTROL
Midsized businesses (50-999 employees) have super-sized importance to the U.S. and global economies. Yet right now, at this critical economic juncture, these businesses remain “caught in the middle” in terms of their mindset and outlook, accordingto “Top Concerns of Business Leaders in the Post-2008 Economy,” a study recently conducted by the ADP Research Institute.SM
This study found that...
15%MIXED ECONOMIC
SIGNALS
COMPLIANCECONUNDRUM
TALENT SQUEEZE
52%
33%81%
49%48%
More than half of midsized businesses thinkthe economy has improved in the last four years
Yet now, only 15% are extremely or very confident the economy will continue to improve over the next 12 months
However, while confident they are compliant, a full third have incurred fines, penalties and/or lawsuits related to non-compliance
Yet less than half are confident they have the tools to find and keep the best talent
Of owners and executives are confident they are compliant with payroll tax laws and regulations
Nearly half are concerned about the quality and skills of available workforce
For more insights and data, get the full research For more insights and data, get the full research paperpaper, , paperpaper, paperpaper “Top Concerns of Business Leaders in the “Top Concerns of Business Leaders in the Post-2008 Post-2008 Economy,”Economy,” available from the ADP Research Institute, a specialized group within ADP. available from the ADP Research Institute, a specialized group within ADP.Economy,”Economy,” available from the ADP Research Institute, a specialized group within ADP.Economy,”Economy,”ADP and the ADP logo are registered trademarks of ADP, Inc. ADP Research Institute is a service mark of ADP, Inc. Copyright ADP and the ADP logo are registered trademarks of ADP, Inc. ADP Research Institute is a service mark of ADP, Inc. Copyright ©©2012 ADP, Inc.2012 ADP, Inc.
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