Making the cutWhen it comes to reducing benefits, consider employee morale and legal concernsBy Nancy Shapiro and Darryl Hiscocks04/04/2016|Canadian HR Reporter|Last Updated: 04/01/2016 There is no question employee benefits can be a significant expense item on an employer’s income statement. Reductions in employee benefits are, therefore, often considered as a possible source of cost savings. But reducing anything that’s given to an employee is not likely to be received in a positive manner. As a result, a benefit reduction must first be carefully considered and then implemented with a “damage control” strategy in mind. It is rare for employees to challenge changes made to benefits by their employers if employers incorporate three basic pillars when it comes to changing benefits.• Make the changes companywide. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.