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The economy is in the doldrums. At many companies, sales and profits are shrinking. Yet the cost of employee benefits keeps on rising. In tough economic times, businesses and individuals look for ways to reduce expenses. For employers, that may mean cutting benefits, especially health care. But there may be affordable ways to provide a nice benefit package. Here are cost-saving ideas, the average benefit costs paid by employers, and some perks offered by other organizations.
When you telephone someone to set up a job interview, ask a few preliminary questions. Try this approach to narrow down your list of applicants. And once you interview someone face-to-face, here's one of the best questions you can ask prospective employees.
Review your travel and entertainment policy for a boost to your bottom line. Here are some quick money-saving ideas to keep in mind, including the related tax rules on meals and entertainment.