Employees Perceive "Lean and Mean" Corporate Model as Less Efficient
While positive perceptions of corporate efficiency spiked upward in the first quarter of 2009, there was a noticeable drop in employee confidence in the second quarter. Many organizations that took aggressive action to reduce costs and improve
efficiency during the recession could be at risk of losing those gains, according to Towers Perrin's
Workplace Watch.
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As Cost Tops Health Care Concerns, Employers Reject Higher Expenditure for Reform
Employers say they will not absorb any additional costs resulting from health care reform and that they plan to take action to avoid doing so. According to a pulse survey of 433 HR and benefit executives conducted by
Towers Perrin, organizations will adjust their benefit strategies based on how the final legislation affects their costs.
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Compensation for Corporate Directors Rose Modestly in 2008
Compared to median annual pay increases in recent years of nearly 10%, annual compensation packages for directors of the boards of America's largest companies rose only modestly last year —
by a median of just 3% from 2007, reports Towers Perrin's annual review of total director compensation at
Fortune 500 companies.
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