Discount cards: low-cost benefit offerings on the rise

Article Abstract:

The various low cost services, particularly vision, dental, hearing and chiropractic treatment, that can be accessed through affinity cards have made it an attractive addition to existing employee benefit programs. Discount card services are advantageous for employers seeking low cost but high impact benefit programs because most of the benefits offered cross age and gender barriers and are affordable. To choose the appropriate programs, employers only have to be familiar with the procedures and regulations of each.

Usage, Affinity credit cards

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Closing the gap: lowering program costs and increasing perceived value with employee self-service

Article Abstract:

Employee self-service software can improve employee satisfaction with their benefit programs. Such applications can also reduce costs through the reduction of errors, reduced time of processing benefits and less people required in the human resources department. Moreover, employee self-service applications allow employees to make full use of their benefits by making current programs easier to comprehend and use.

Prepackaged software, Evaluation, Column, Human resource management software, Human resource management systems, Human resource information systems

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Cash balance pension plans: a case study

Article Abstract:

The cash balance pension plan utilizes a payment formula that is easier for employees to understand than the traditional pension plan. AT and T's transition to a cash benefits plan is explained here.

United States, Wired Telecommunications Carriers, Telephone Communications, Telephone communications, exc. radio, Personnel administration, Telecommunications services industry, Telecommunications industry, AT&T Corp., T, Telephone services, Pensions

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