Home | Business News | Browse by Publication | M | Mississippi Business Journal

Benefits increasingly important; spiraling costs problematic: some workers willing to accept lower pay for better healthcare coverage.

Publication: Mississippi Business Journal
Publication Date: 27-FEB-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Benefits increasingly important; spiraling costs problematic: some workers willing to accept lower pay for better healthcare coverage.(Focus)

Article Excerpt
One of the biggest challenges to businesses operating while the Gulf Coast is rebuilding is finding adequate labor. With so many homes destroyed by Hurricane Katrina, some workers have left the area because of lack of available housing.

Businesses are responding by offering higher wages per hour, and in some cases benefits are also increasing in importance as a tool to attract and retain a quality workforce.

"There are a number of people in the workforce who are primarily concerned with the amount they can get on a per-hour basis," said Jay Moon, president and CEO of the Mississippi Manufacturers Association. "For other people, benefits are more important. People who are looking at it from a longer-term standpoint are looking at a combination of salary plus benefits."

Manufacturers have historically paid more and better...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.