Benefits in the 1990s

Article Abstract:

Results of a Hewitt Assoc survey of 100 benefits directors from major US industrial companies are presented. Over half of the respondents foresee a rise in the average age of employees in the 1990s, resulting in higher benefits costs, while 50% expect the number of women employees and part-time employees to increase, causing a demand for different kinds of benefits with a resulting cost increase. Over half of the respondents expect the cost of benefits to increase from the current level of 36% of payroll. Medical care and retirement were singled out as two problem areas in the 1990s, with half the respondents anticipating higher costs for defined benefit plans and defined contribution plans. Indemnity medical plan enrollment is expected to drop significantly from its current 80% level as alternative delivery systems such as health maintenance organizations and preferred provider organizations prove to be more cost-effective.

Health aspects, Forecasts and trends, Retirement benefits, Working class

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Iraqi crisis leaves HR departments scrambling

Article Abstract:

The decision prompted by the Kuwait-Iraq Conflict of 1990 to call 46,000 armed forces reservists to active duty has caught most human resource (HR) managers and their employers by surprise. The military policies of most companies were based on short-term call-ups lasting no longer that 30 days. A survey of 47 large, private employers conducted by Hewitt Assoc (Chicago, IL) has revealed that about half of the firms planned to pay wage differentials and continue benefits for reservists and their families. The survey determined that four of the companies planned to suspend loan payments for reservists to until they returned, and six firms planned to allow reservist withdraw funds from defined contribution benefit plans. A series of commonly asked questions employers have about reservists and their answers are included.

Management consulting services, Economic aspects, Armed Forces, Corporations, Military policy, Iraq-Kuwait Crisis, 1990-1991, Military reserves

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Benefits priorities of the '90s

Article Abstract:

A Personnel Journal survey on employee benefits management shows that almost all (92.5 percent) responding organizations provide group medical insurance. A wide range of coverage is offered, such as: health maintenance organizations, preferred provider options, indemnity plans, and supplemental plans covering dental and vision care. The survey also shows an increase in defined contribution plans such as the popular 401(k) plan as well as an increased provision of pre-retirement planning. An increased concern over family and work issues is illustrated by the increase in child care and elder care programs.

Periodicals, Accident and health insurance, Health insurance, Personnel Journal (Periodical)

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