Benefit costs hit a record high

Article Abstract:

A survey of 854 businesses employing 2.4 million workers revealed that the cost of employee benefits reached a record average of 42% of payroll in 1995, averaging $14,659 per full-time worker. While medical insurance costs were down, severance pay, pension plans and other costs were up.

Employee Benefits & Services, Economic aspects, Human resource management, Compensation management

---

Benefit costs hit record high

Article Abstract:

Employee benefit costs reached a peak high in 1993 due to corporate restructuring and increasing health insurance premiums. Layoffs and early retirement packages contributed to costs through severance and retirement benefits. Various benefit cost statistics are presented.

Corporations, Corporate finance

---

Benefit costs shift into reverse

Article Abstract:

The US Chamber of Commerce's employee benefits report reveals that the average cost of benefits fell by just under 1% to $14,678 in 1994. Health insurance, traditionally one of the fastest-rising cost areas, fell by roughly 9% to $2,579/employee in 1994.

Statistics

Similar abstracts:

• Abstracts: Developments in demand forecasting from ancient Greeks to present. Sales and operations planning (S&OP) mindsets
• Abstracts: Stock prices end mostly higher, despite rout in technology issues. High-tech ills tied to corporate demand; firms are said to await new, upgraded computers
• Abstracts: Industry split over computer data secrecy issue. U.S. data code is unscrambled in 56 hours. Taking a computer crime to heart
• Abstracts: Internet server takes a big step. Gauging ad audience in cyberspace. Electronic clipping services cull cyberspace and fetch data for you. But they can't think for you
• Abstracts: The enemy within. When laws collide. Creating a violence-free company culture

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.