During an economic downturn, employees understand the need to take bitter medicine, such as an increase in health premiums or cost sharing. Agreeing that the current economic climate may present a window of opportunity for tough cost-cutting measures, Rosaline Chow Koo cautions that cost containment is a journey transcending economic cycles and reminds employers that Asia's continuing competition for talent means they must find creative ways to address costs while still meeting employee needs. (HRadio, 16 Dec 2008)
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