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Stock impact report

Hitting the Road: Majority of Executives in High-Tax States Would Consider a Move to Avoid New Tax Law Implications, According to Korn Ferry Survey

Korn Ferry (KFY) 
Last korn ferry earnings: 3/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kornferry.com
Company Research Source: Business Wire
- While Three-Quarters Say Legislation is Good for Business, 71 Percent Cite Negative Impact on Workforce – - Less than 40 Percent Say Exec Teams Have Met to Discuss Allotment of Tax Savings – LOS ANGELES--(BUSINESS WIRE)-- A new survey by Korn Ferry (NYSE: KFY) shows that executives believe new tax legislation will bring both positive and negative outcomes to business, depending on which state workers reside. The early February 2018 survey showed that while 74 percent of respondents agreed that the new tax legislation will help business, 71 percent believe that companies located in high tax-states face the risk of talented employees leaving for states where the tax burden is less. “Organizational leaders must understand that their business strategies and their talent strategies are inextricably connected,” said Bob Wesselkamper, Global Head of Korn Ferry Rewards and Benefits Solu Show less Read more
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