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CCH® BENEFITS ó 7/12/07

Dependent Care Flex Spending Accounts Lead List Of Family Friendly Benefits

from Spencerís Benefits Reports: A dependent care flexible spending account was the most commonly offered family-friendly benefit, according to the results of the Society for Human Resources Managementís (SHRM) 2007 Benefits Survey.

The survey, which garnered 590 responses from human resources professionals across the country, provided information about health care benefits; leave benefits; family-friendly benefits; and retirement, housing, personal service, financial, and travel benefits.

Most benefits remained the same in 2007 as in 2006, while others had minor fluctuations. Included were the following noticeable changes:

Family-Friendly Benefits

The SHRM identified more than 30 different family-friendly benefits offered by respondents. Notable among these were the following, with the percent of respondents offering each program:

Health Care Offerings

The SHRM identified more than 50 different health care programs offered by respondents. The following list cites some of the more notable programs, along with the percentage of respondents offering them:

Leave Benefits

The SHRM identified more than 20 leave programs offered by respondents. Notable among these were the following programs, with the percent of respondents offering each:

Retirement Benefits

In a section of the survey describing financial and compensation benefits, the SHRM identified the following retirment programs, with the percent of respondents offering each program:

For more information, visit http://www.shrm.org/surveys.

For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer's Benefits Reports.

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