The number private-sector employees who are enrolled in a defined benefit plan dropped from 38 percent in 1979 to 15 percent in 2008, according to a EBRI study.
During the upcoming enrollment period, employers will still experience cost shifts to employees, consolidate plan choices, emphasize account-based plans and require more on employees if they are to receive incentives, according to a survey by Towers Watson.
Employers who hope to attract, engage and retain Generation Y workers must understand their preferences and communication styles, particularly regarding workplace benefits, according to new findings by Colonial Life & Accident Insurance Company.
Since paid sick days for San Francisco employees became mandatory in February 2007, percentage growth in civilian employment growth exceeded the average growth for the surrounding California counties of Alameda, Contra Costa, Marin, San Mateo and Santa Clara, according to a fact sheet from the Institute for Womens Policy Research....
Although more salary increases are expected in 2012, compared to 2011, employers will continue to focus on variable pay, according to Aon Hewitts annual U.S. Salary Increase Survey.
Forty-two percent of working adults are willing to give up an average of 6 percent of their pay for more workplace flexibility at work, reveals a new survey by Mom Corps and Harris Interactive.
The disparity between CEO and chief financial officers salaries continues to widen, as middle-market CFOs earn an average of $927,743, approximately 40 percent of CEO pay (at $2,338,874), an analysis of 600 public companies by BDO USA LLP revealed.
With todays fierce competition in this sluggish economy, employers are looking for more effective ways to promote organizational goals to increase their chances of success, and a large part of that strategy comes down to performance management.