Employee benefits in state of change
July 31, 2009 by Jennifer Chait
Filed under Employment Issues, Health & Wellness
When the economy changes so do employment benefits, according to a recent survey of employers conducted by Colonial Life & Accident Insurance Company.
Colonial Life talked to over 750 human resource managers and benefits administrators at the Society for Human Resource Management (SHRM) Annual Conference in New Orleans during July. Based on current economic hardships, employers note that various changes have been occurring with regards to employee benefits. For example…
26% increased contributions from employees
12% eliminated benefits
12% offered employee-paid voluntary options
10% added benefits
9% increased employer contributions
You would expect to hear ALL bad news but it’s better than I …read more
Financial Security Tips for This Economy
March 19, 2009 by Jennifer Chait
Filed under finances, financial matters
Everyone should plan for financial security but in today’s economy things like oh, groceries and rent often take priority. Lately, with most folks I know, there’s just not much cash left at the end of the month, which can make thinking about financial security a total headache, let alone trying to plan for long term security.
That said, even in a poor economy, even if you’re strapped for cash, you can have some sort of a plan for financial security.
Know where your money goes: Even in a poor economy people often overspend without knowing it. Make sure you know where your …read more
