 According to Hewitt's Benefit SpecSelectTM data, the percentage
of employers moving toward using paid
time-off banks has nearly doubled, increasing from 10% in 2000 to 18% in 2005.
Decisions made by employers and consumers about prescription drugs are considered to have the biggest impact on overall health costs, according
to Hewitt's annual health
care survey of more than 450 U.S. companies. |
The trend toward outsourcing administrative HR functions is accelerating in the United Kingdom, driven by innovative technological solutions, improved efficiencies, and cost savings. |
|
 |
Retirement plans in recent years have suffered from challenging financial market conditions, corporate scandals, pension shortfalls, and devastating bankruptcies.
The majority of companies currently providing retiree health benefits will take advantage of new government subsidies in 2006, the first year this benefit is available under the Medicare prescription drug legislation passed by the U.S. Congress in 2003.
Preoccupation with midterm elections this November will leave Congress with little time to pass major legislation in 2006.
Asia-Pacific's developing economies will continue to drive salaries significantly higher in 2006.
Top-performing companies in Europe not only demonstrate a higher degree of commitment to developing leaders at the business-unit level, but also provide high potentials with more exposure to the CEO and Board, according to Hewitt's 2005 Top Companies for Leaders in Europe survey.
|
