Health-care benefits

Health Benefits Not Going Away Anytime Soon

A recent article in Bloomberg Business notes that, despite predictions of their demise at the hand of ObamaCare, health-care benefits are not going away anytime soon. 

One interesting nugget from the article: according to a recent survey conducted by SHRM, 33 percent of the HR professionals surveyed said that they used their organization's benefits program to retain employees, compared with 18 percent who said that they used benefits as a means of retention in 2012. 

In the current era of stagnant wages, employers increasingly view their benefits offerings as a key component of recruitment and retention efforts. And while there are certainly worries about the looming Cadillac tax along with the ever-present concerns about the rise in health-care costs, employers don't appear to be rushing to exit the health benefits business.