QUESTION: How would you characterize the current strength or weakness of the Rhode Island economy?
Growing substantially: 0%
Growing slightly: 44%
Stagnant: 38%
Deteriorating slightly: 18%
Deteriorating substantially: 0%
QUESTION: The manner in which companies have responded to a slowing economy has ranged from a freeze on salaries for top employees to enhanced bonus programs to retain most valued employees. In your company or organization, have you instituted a wage freeze for executives?
Yes: 6%
No: 94%
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QUESTION: If your company has not instituted a wage freeze are you reducing the size of salary increases and bonuses for top executives?
Yes: 25%
No: 75%
QUESTION: Has your company instituted a wage freeze or reduction in the size of salary increases to rank and file employees?
Yes: 19%
No: 81%
QUESTION: Do you still find that it is important to have bonuses or other incentives to retain valued employees?
Yes: 88%
No: 12%
The Providence Business News/Johnson & Wales executive poll is a weekly survey of 70 top business leaders throughout the state, representing small and large companies in a variety of industries and businesses. All questions are chosen exclusively by the editor of the Providence Business News.
