Like the people who work in their companies, CEOs in the U.S. worry about employee healthcare costs. It ranks seventh on the list of their top 10 challenges, according to a recent Conference Board survey of 658 CEOs in 40 countries around the world.
However, include CEOs outside the U.S. and employee healthcare costs plummet to fifty-second place among chief executives' concerns, the same survey reveals.
The No. 1 concern of CEOs around the globe is "sustained and steady" revenue growth. Among U.S. CEOs, consistent execution of strategy, customer focus and profit growth also rank higher than healthcare costs.
The Conference Board is a New York-based business research group, and its latest "top challenges" survey of senior executives was conducted during July and August of this year.