Affordability of Benefits & Impact to Compensation

Matt Shefchik, Assistant Vice President, Total Rewards Consulting | Cottingham & Butler

Benefit costs are rising two to three times faster than inflation, and that's starting to throw off the balance between pay and benefits. In part three of our Compensation and Total Rewards Trends series, Matt Shefchik breaks down how rising health care costs are impacting compensation strategy, including how a small share of high-cost claimants can drive the majority of plan spend. Catch up on parts one and two if you missed the earlier discussions on pay trends and variable pay in low wage growth environments.

Matt Shefchik

AVP - Total Rewards Consulting

mshefchick@cottinghambutler.com

(608) 467-0696 (ext. 2399)