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Employers' Methods for Containing and Reducing Costs Vary By Region
Date:10/17/2008

ntain costs. This method varies largely by region, as 71.7 percent of organizations in the Midwest utilize it and 58.5 percent in the West.

Although organizations continue to pass costs onto employees, fewer companies are reducing benefits. The East has the lowest percentage of organizations utilizing this method, 4.9 percent. The Midwest and West follow with both at 5.3 percent. The South Region had the highest percentage, 5.6 percent.

About the Survey:
Benefits USA 2008/2009 analyzes national and regional data on benefits eligibility and administration policies with detailed information on benefit plans, premiums and provisions. Information was collected from more than 5,500 benefit plans covering almost 6 million employees across the country.

Compdata Surveys, www.compdatasurveys.com/2009, is the nation’s leading compensation and benefits survey data provider. Data is collected annually from thousands of organizations across the country. Compdata Surveys has been providing accurate, reliable data at affordable prices to organizations since 1988. For further information about the compensation and benefits surveys, contact Lane Odle at (800) 300-9570 or lodle @ compdatasurveys.com.

For more information, contact:
Lane Odle
Product Marketing Manager
(800) 300-9570
lodle @ compdatasurveys.com

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.

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