Employers Alter Rewards Programs

With healthcare reform looming, nearly half of U.S. employers—45 percent—are considering making changes to their total rewards programs or workforce strategies.

| July 16, 2013

With healthcare reform looming, nearly half of U.S. employers—45 percent—are considering making changes to their total rewards programs or workforce strategies.

However, most do not anticipate changes that could negatively affect a significant portion of employees, such as discontinuing employer-sponsored health coverage, asking full-time workers to switch to part time or increasing the use of contract workers, according to a survey of 113 U.S. employers by global professional services company Towers Watson.

"With some of the health care reform provisions going into effect in early 2014, there remains little consensus among employers over what actions they should be taking," said Laura Sejen, global head of rewards at Towers Watson.

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