 |
|
The downturn of the economy did more than just lead to people losing their jobs. For those who did get to keep their jobs, many perks and benefits were cut, due to cost saving and companies being wary of the economy. 401k contributions, tuition reimbursements, even holiday parties were cut across the board.
The benefits which tend to be hit the hardest and earliest are education related perks. According to a survey conducted by the Society for Human Resource Management, companies who reimbursed for undergrad/graduate classes decreased from 5% to 4% in 2009. Along with general programs, M.B.A reimbursements declined from 37% in 2008 to 29% in 2009.
Even with technological advances which allow for easier telecommuting, companies held back on allowing employees to work remotely. A June 2009 report from IT consulting firm – International Data, suggests that employees are returning to a more traditional role. There are a couple of reasons listed as to why this is. First, is that companies are a bit more wary of allowing employees to work off site. More importantly, is the psychological effects of an employee who works remotely.
Continue
Reading |
|
|
|
|
