Wednesday, May 31, 2006

[IWS] Watson Wyatt: Few Multinationals Implement Health & Productivity Strategy Outside United States [30 May 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Watson Wyatt

Few Multinationals Have Implemented a Health and Productivity Strategy Outside United States [30 May 2006]
Companies Plan to Add Programs to Combat Rising Health Care Costs, Watson Wyatt Survey Finds
http://www.watsonwyatt.com/news/press.asp?ID=16116

WASHINGTON, May 30, 2006 ­ Multinational companies have developed a health and productivity strategy in the United States, but they have not been as proactive in other regions of the world, according to a new survey by Watson Wyatt Worldwide, a global human capital consulting firm.  However, as health care costs rise around the globe, multinationals are increasingly adding these programs worldwide.

The survey of 90 multinational companies found that 65 percent currently have a strategy to improve the health and productivity of their workers in the United States but significantly fewer have programs in Canada (22 percent), Asia-Pacific (21 percent), Europe (16 percent) and Latin America (15 percent).  Although many of these multinationals plan to develop a health and productivity strategy in these regions over the next two years, they will still lag behind their U.S. operations by a wide margin.

AND MORE...including TABLES....

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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