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Gas prices: Employees on their own

Employers are reluctant to help employees cope with the soaring gas prices, according to a report by outplacement firm Challenger, Gray & Christmas

By Ginny Kipling | Updated on May 02, 2011

Employers are reluctant to help employees cope with the soaring gas prices, according to a report by outplacement firm Challenger, Gray & Christmas. When the firm last polled HR executives in 2008 about surging gas prices, 57 percent said their companies had offered ways, such as telecommuting, to help employees reduce commuting expenses.

This time around, employers “have the upper hand and do not have to offer extra incentives to attract or retain workers,” said John A. Challenger, the firm’s CEO.

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