Wednesday, March 26, 2014

Health care costs, small raises worrying employees

CNBC reports:
Cost-cutting by big companies in response to the changing business landscape has their employees worried about money.

Three out of four employees of big corporations say some of their companies' recent decisions, such as increasing health care premiums and giving smaller raises, are hurting employees' finances, a new survey shows.

"The last two years have been a period of rapid change among large employers which has required them to take measures to cut costs," says Shane Bartling, a senior consultant at Towers Watson, a human resources consulting firm, which sponsored the survey of 4,248 full-time employees at companies with 1,000 or more workers.