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Offset the Rising Cost of Benefits

Steep double digit increases in benefit costs each year for the last six years have reached critical levels. Employees have gone so far as to “strike” [link] over these cost increases. Why do employees resent an increase in benefit costs? Because they live on a fixed income.

The answer is to change your pay model. Use pay as an investment [link] rather than an expense. Link pay to performance and give your employees the means to offset the rising cost of benefits.

 

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