Many U.S. employers are increasingly losing confidence in their workers’ ability to save for retirement and, as a result, plan to step up their efforts this year to help workers maximize their 401(k) savings, according to a new survey by Hewitt Associates.
Posts Tagged ‘employee benefits’
Expert Perspective from Grahall’s OmniMedia Editorial Board
The Wall Street Journal offered several articles recently that illustrate the dramatic contrasts in employer sponsored benefit programs available to the “rank and file” workers versus management. The first article “Companies Plan to Reinstate 401(k) Matches” by Jillian Mincer published in the October 22, 2009 describes a good news/bad news scenario associated with the return of the matching contributions to 401(k) retirement plans. Mincer says “Many businesses are quietly restoring plans to match a portion of their employees’ 401(k) contributions.” That is good news for employees of these companies and is also an indicator of economic recovery.
Continue reading “The Haves vs. The Have Not” »
A Wall Street Journal News Alert published May 20, 2009 titled “U.S. to Inject More Than $7 Billion Into GMAC, May Become Majority Owner” got me thinking about socialism in America and its history in the arena of employee benefits.
Continue reading “It’s Pragmatism, not Socialism” »