No stone unturned

May 2009
Employee Benefit News;May2009, Vol. 23 Issue 6, p1
The article reports that employers are avoiding staff layoffs by reducing employee-related costs. The entry notes that many employers have resorted to salary freezes, deferment of bonuses and commissions, and resetting merit increases in order to achieve cost-savings. The section cites that organizational restructuring will present long-term cost savings for some companies, while others may need to examine their compensation philosophy for alignment with business goals.


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