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Employee Benefits

Traditional employee benefit programs consume a significant portion of an employer's compensation budget as well as their human resource department's time. As costs continue to escalate, and the administration of benefits plans continues to increase in their complexity, we at Peterman Benefits can provide tools for managing these challenges effectively.

While salary, incentive pay and fringe benefit costs have traditionally been managed as separate programs, there is now a movement toward a total compensation philosophy. In this new environment, an organization manages all elements of compensation as a whole, rather than as individual programs. Among the challenges of such a philosophy is the establishment of strategies to achieve desired objectives.