2016 New Jersey Small Business Owner Survey: The Need for a Competitive Edge

by

Brittne Kakulla

This survey examines opinions on issues related to retirement planning, savings plans, and a legislative proposal to create a new retirement savings plan for the state of New Jersey.

Survey findings show that most New Jersey small business owners (those with 1-100 employees) agree that saving through work is important and New Jersey should do more to help residents save

for retirement.

Key findings include:

savings plan helps small businesses attract and retain quality employees and stay competitive.Most New Jersey small business owners (those with 1-100 employees) agree that saving through

work is important.

The 2016 New Jersey Small Business Owner Financial Security Survey was conducted as a telephone survey among business owners or decision makers with 1-100 additional employees. Sample,

including owner names and companies, was randomly drawn from a Dunn & Bradstreet database of businesses with 1-100 employees within the state of New Jersey.  A total of 450 interviews were

conducted by the American Institute of Consumer Students from October 30-December 1, 2015.  The data was not weighted. For more information contact Brittne Nelson at [email protected].

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