1. Employee Benefits

2. History Used to circumvent wage controls during WWII. A perk A right Back to individual responsibility

3. Pay for Time Not Worked Unemployment Vacations and Holidays Sick Leave Parental & Family Medical Leave –Unpaid –May require use of sick leave –Medical coverage continues Severance Pay Supplemental Unemployment Benefits –Auto Workers

4. Insurance Worker’s Compensation –Monetary or Medical Hospitalization, Health and Disability Insurance –Rx, Life Insurance, Dental Cost reduction –Employee Partial Pay (premium and medical bill) –Outsourcing (administration and even treatment) Mental Illness –34 Million people in USA suffer –24% of disabilities Part-time and Contingent Workers

5. Retirement Social Security –Widow and Orphans Act –Premium would never be increased (FDR) Pensions –Defined Benefits –Defined Contributions 401K –Deduct before taxes ERISA (Employee Retirement Income Security Act) –Vesting –Age –Funding –Benefit Early Retirement

6. Personal Services Employee Assistance Program Child Care Domestic Partners Flexible Work Arrangements –Job Sharing –Telecommuting –Compressed work weeks

7. Cost out of Control 35 – 47 percent