New York (Sept. 3, 2004) -- Many New York State employers are likely to ask for employee benefit givebacks in an attempt to contain costs, according to a poll of CPAs in New York State.
According to results of the New York State Society of CPAs Labor Day Poll, almost 60 percent of 420 CPAs who responded said that businesses are asking for employee contributions toward benefits. Almost 40 percent said that benefits would be reduced or eliminated. Those benefits included health insurance (90.3 percent), retirement plans (43.0 percent), dental coverage (40.6 percent), prescription coverage (39.5 percent), vision coverage (26.1 percent), life insurance coverage (12.7 percent) and automobile use (12.2 percent).
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