10 Benefits Your Employer Will Cut Next Year - Training

Companies are slashing jobs, benefits, perks--even the holiday party

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Training cuts. Helping employees to develop advanced skills usually helps the bottom line of a company. But on-the-job training is expensive and time intensive, and immediate results are not always realized. Some 18 percent of companies plan to reduce or eliminate training for employees, Watson Wyatt found. Keeping your skills up to date on your own, however, could help keep you employed.

Layoffs


Hiring freezes
Higher health costs
Travel restrictions
Canceled parties
Salary freezes
Reduced merit increases
Pension freezes
Cut 401(k) matches