Business Services Industry
Tough times make employers rethink basic benefit strategies; SHRM's 56th Annual Conference & Exposition.(News)(Society for Human Resource Management)
Business Insurance, July, 2004 by Wojcik, Joanne
Byline: JOANNE WOJCIK NEW ORLEANS-In response to continuously rising health care costs and stock market declines, many employers are going back to the drawing board to retrace the evolution of their benefit programs, making adjustments as necessary to get back on track, one benefit expert notes.
In the case of health plans, some employers are adopting compensation-based cost-sharing in recognition that further cost-shifting is not feasible for workers at the low end of the wage scale. In the case of retirement plans, some employers are taking a "best-in-class'' approach and picking and choosing among vendors, rather than buying bundled services. But perhaps the most widespread trend is the shift toward a defined contribution approach in all...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
