The costs of benefits
shelby_o
5 Posts
Does anyone have any big ideas on helping to stem the fast-rising costs of benefits? My company needs to offer solid benefits plans to be competitive, but we are finding it harder and harder every year. 2007 seems to be more of the same...
Comments
The annual increases in the cost of employee benefits is one of the biggest challenges facing comp and benefits managers like me. We have taken alot of steps including increasing the employee-paid portion of the premium, increasing copays, implementing prescription drug formularies, and introducing flexible spending accounts. These things have helped, but we do seem to be running out of options!