
Principal Financial Well-Being Index: Employees remain a priority, businesses are wary yet hopeful
America's businesses are responsible caretakers of their employees in a roller-coaster pandemic economy.
New data from the third wave of the 2020 Principal Financial Well-Being IndexSM show the greater strain on businesses of surging infection rates late in the year and the resulting economic uncertainty. But our November 13-22 survey of 507 for-profit companies, ranging in size from two to 10,000 employees, also displays their resilience and ethical leadership. They've managed to maintain or even boost employee benefits.
The details of the survey
The 2020 Principal Financial Well-Being Index was released in waves to better track businesses throughout the pandemic and its historic economic disruption. The first 2020 wave of the survey (PDF) was fielded in June, followed by a second wave in September (PDF), and now this new data.
The 507 for-profit companies surveyed are evenly spread among employers nationwide ranging in size from two to 10,000 employees.
To get more of this timely insight into business in 2021:
- Download the full new set of Well-Being Index results from November 2020 (PDF) and examine all the trends in detail.
- Visit the Principal® Knowledge Center for more updates on small business, benefits, the economy, and market volatility.
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