Last year, Lafarge North America, a construction materialscompany with 15,500 employees, launched a major restructuring. The company hadto face up to an inevitable increase in the number of relocations. âWe began athree-month crash course to centralize our relocation policy,â says BobShepard, director of compensation.
Medical Cost Containment: A Microeconomic Approach. Anywhere from 900,000 to 1.6 million Americans travel to other countries annually for cosmetic procedures, dental surgery, and infertility treatments excluded from their insurance policies or subject to high copayments.
The process of controlling the expenses required to operate an organization or perform a project within pre-planned budgetary constraints. The cost containment process is an important management function that helps keep costs down to only necessary and intended expenses in order to satisfy financial targets.