BIOTECHNOLOGY : Benefits Consultants:
Compiled by Leslie Berkman / Times staff writer
Anyone wondering whether Orange County businesses are concerned about the spiraling cost of employee health benefits needs only look at the expansion under way at the Orange office of William M. Mercer Inc., an employee benefit consulting firm.
Lee Grover, managing principal of the office, said that last year the office generated $5 million in revenue, up 30% from 1988. And revenue climbed 36% during the first quarter of 1989, compared to the same period a year ago.
“Because of spiraling health care costs,” Grover said, “employee benefits have become a hotter issue and therefore employers are purchasing expert consulting advice in hope of finding creative solutions.”
