HR Seen Critical To Efficiency: PwC

October 2003
Financial Executive;Oct2003, Vol. 19 Issue 7, p10
Academic Journal
This article reports on the results of a survey conducted by the Saratoga Institute, a PricewaterhouseCoopers LLP Human Resource Services unit, that examined how companies are dealing with the uncertainties presented by the U.S. economy in 2002. The study found that one major way companies approached this subject was to restructure their businesses and shift operations and staff. Areas that received the greatest focus were related to healthcare and other compensation controls that have a bearing on benefit costs. The study also indicated that most companies have implemented some type of merit-pay or other pay-for-performance measure to spur bottom line numbers.


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