Milestone: Most Fortune 100 Firms Offer Only 401(k)s to Salaried New Hires

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Published by SHRM May 15, 2009

For the first time, the majority of Fortune 100 companies (the 100 largest U.S. corporations ranked by gross revenue) are offering new salaried employees only a defined contribution (DC) plan, such as a 401(k), according to an analysis by HR consultancy Watson Wyatt.

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Read Grahall’s Michael Dennis Graham’s Expert Perspective on this subject.

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