Benefit gap: Japanese companies that operate in the United...

File Cabinet

October 05, 1997

Benefit gap: Japanese companies that operate in the United States spend more money on employee benefit programs than U.S.-owned firms, the consulting firm KPMG Peat Marwick reports. KPMG found that 56 percent of the Japanese-owned businesses offer a conventional health plan, compared with 37 percent of the American firms. Medical benefits account for 14 percent of the Japanese companies' payroll expenses, compared with 11 percent for their U.S. counterparts.

Double duty: The economy is doing better and unemployment is down, but many Americans are worried enough about their own finances to be holding down two jobs. That's the finding of the employment consultant Challenger, Gray & Christmas Inc. The company noted that in June, the Labor Department reported 299,000 people were working full-time at two jobs, up 26 percent from a year earlier. Challenger Gray says the costs of caregiving and helping adult children with their finances may be responsible.

Pub Date: 10/05/97

Baltimore Sun Articles
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.