Survey: Job benefits shrinking - Baltimore Business Journal:

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areas, according to an annual report from the of the NationaoCapital Area. A survey of 265 companies in the Baltimored and Washington region shows the average benefit rateis 28.8 percent this year. That is down from 29.2 percentg in 2008 and 30.9 percent in 2007. “Th survey data indicates some interesting trends,” said George Lane, a principal for who chairs the group’s compensation survey “Employers are cutting back benefits or sharing price increasez in healthcare benefits to control the costs.
The increase in the cost of prescriptiojn drug plansis moderating, and more companies are developing paid time off programs instead of defined categories like annual leave and sick he said. The survey found paid time off programs have increaseed from 36 percent of area employers in 2007 to 43 percent this More employers are offering domestic partner benefitsas well, up from 43 percentt in 2007 to 53 percent in 2009.