Trends affecting employers' costs for benefits
Not what you're looking for?
What are some of the most important trends that affect employers' costs for benefits, and what are they doing to deal with those trends?
Purchase this Solution
Solution Summary
The 393 word cited solution provides six types of important trends in benefits with a paragraph for each of the six current trends.
Solution Preview
Important trends and changes in compensation and benefits include:
1. Health care
2. Retirement plans
3. Flexible benefit plans
4. Salary freezes; limiting salary growth
5. Communication of value of benefits to employees
6. Long term strategy for benefits
Health Care: The obvious problem with health care is the rising cost, but there is also the issue of the globalization of employees and the need to provide care for those working outside the US. Because the US is one of the few industrial nations without a national health care program, the complexity and cost to deal with the expected benefit for employees is immense. Payment of the cost of health care is ...
Purchase this Solution
Free BrainMass Quizzes
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.