Happier employees, no new costs

By Daphne Woolf
|CHRR, Guide to Pensions & Benefits|Last Updated: 02/11/2003

You want to improve benefits but the coffers are empty — what’s an organization to do?

When a company wants to add value, it typically adds a benefit or upgrades current levels of coverage. This usually adds cost. But if employers want to add value without new costs, besides some initial investment for things like employee communication, they need to embark on a different path.

There are a number of strategies to enhance an employer’s current total rewards offering without having to add significant new ongoing costs.