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Few changes to benefits, but recession could spur cuts, analyst says


Employers are not making massive changes to employee benefits programs this open enrollment season but they are grappling with changed economic conditions that have affected their businesses and benefits’ spending, reports Plansponsor. There’s a hesitation to cut benefits at this point, but that is a strategy some companies have deployed historically in the midst of a recession, said Sarah Bassler Millar, partner in the employee benefits and executive compensation practice group, at Faegre Drinker Biddle & Reath.



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