Word: benefit
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Segal said she is optimistic that the initiative will increase awareness of Radcliffe, which she said is lacking. She said she is especially excited to see how the new program can benefit research at the vanguard of neurobiology, such as the study of sleep...
...historical rationale for giving government employees better benefits was that they didn't get paid as well," says Jim Edholm, president of Better Benefits Insurance Inc., a benefit-consulting firm based in Andover, Mass. "That has long since lost its validity. Those employed by government agencies tend now to have richer total compensation packages than those in virtually any private industry...
...Originally, health benefits were intended to draw in attractive job candidates. "The original story behind medical benefits was that companies wanted to attract family men," says Stacey Kole, a human resources expert at the University of Chicago Booth School of Business. "Because they perceived married men to be more stable and productive than those in the marriage market." Now that there is little differentiation among benefits across the private sector, many companies rely less on benefits in attracting ideal applicants. Even as private employers have cut back on their pensions and benefit promises, though, public entities, which make...
...benefit gap continues to expand in part because governments face a steady ramping up of collective bargaining demands. "Decisions about benefits changes can't be made instantaneously as they can be in the private sector," says Blaine Bos, a consultant for Mercer based in Minneapolis, Minn. Instead, government agencies have to battle bit by bit for benefit trims that employees can collectively counter by marshaling great passion. In 2005 when California's Governor Schwarzenegger tried to radically reform the state's expensive pension plan, he met a firestorm of protest from unions, and ultimately backed down...
...private-sector workers in any but the ritziest of jobs. Some such plans, for instance, offer 100% coverage for basic surgeries with little if any co-pay, whereas private plans may require a $250 to $500 co-pay per surgery. In Massachusetts, for example, many local government employees enjoy benefit plans that have long since been phased out for private employees, who have seen plan standards tighten consistently in recent years. Increasingly, private sector employees across the country end up in euphemistically dubbed "consumer-directed health plans" which typically cost companies less because of higher deductibles and more restrictive care...