Help! Advice on benefit change?

justkali

A suggestion was given that we drop our health insurance for our part-time employees and offer them a per-hour monetary adjustment instead. Have any of you ever done this? If so, what was the impact to morale, turnover, etc.?

njjel

Unless the monentary compensation is going to equal the amount of the health insurance premium (which I'm thinking it won't), it's my guess that morale will drop and you will see your part timers marching out the door to find other work. heath insurance is SO critical today!