• Research Paper on:
    A Plan for Hester (Case Study Analysis)

    Number of Pages: 3

     

    Summary of the research paper:

    This 4 page paper examines a company called Hester, a small airline that merged with USAir. In this case study submitted by a student, the current state of the firm is discussed as it respects benefits for employees. How can the company make effective benefits cuts? Bibliography lists 2 sources.

    Name of Research Paper File: RT13_SA532Hes.rtf

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    Unformatted Sample Text from the Research Paper:
    tend to like to work for the business is to get in air time as a way to get a better job at a larger airline, or because they liked  the lifestyle the airline afforded them. Because this airline was situated where people could live near the beach, it was ideal for some, even though they realize they cannot have  the same salary and benefits as they would with a larger firm. Hence, some employees were using Hester as a stepping stone to better things, and others planned to stay  there fore the duration. Things would change. Hester merged with USAir and the benefits were much improved. The employees likely were more satisfied with this change. Unfortunately, during the  early 1990s, things were quite negative in the industry and USAir had to slash jobs at Hester. Hester decides to attack their monetary problems and seeks input from a consultant.  How can they trim excessive health claims and control inflationary health care costs? At issue is the high cost of benefits and it is something that many companies have faced.  In recent years, many firms have cut employee benefits by refusing to pay the lions share of the premium or selecting benefits packages that are not all inclusive. In the  end, employees may have to embrace high co-payments or deductibles for example. The insurance may include HMOs instead of PPOs. All of these types of cuts save the companies money  but make for higher out of pocket costs for employees. Indeed, by making use of managed care options, premiums are reduced and the company can save money. Also, this inadvertently  allows employees to share some of the high costs of health care. With fewer benefits, employees are forced to use medical services and pay for them with their own money. 

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