Benefits

Benefits | April 5th, 2010

Healthcare-Related Earnings “Hit” List Continues to Expand

April 5, 2009 (PLANSPONSOR.com) – The list of companies reporting an earnings hit related to changes resulting from the new healthcare legislation continues to expand.

Benefits | April 2nd, 2010

Verizon Reports $970M Health Care Charge

April 2, 2010 (PLANSPONSOR.com) - Verizon Communications Inc. said it expects to record a charge of $970 million related to the new U.S. health care reform law.

Benefits | April 2nd, 2010

Early Retiree Reimbursement Slated for June Kickoff

April 2, 2010 (PLANSPONSOR.com) – A client advisory from Mercer’s Washington Resource Group (WRG) recommends employers keep their eyes peeled for announcements about a program to reimburse employers...

Benefits | April 1st, 2010

IRS Reminds Employers of New Health Coverage Tax Credit

April 1, 2010 (PLANSPONSOR.com) – Many small businesses and tax-exempt organizations offering health insurance coverage to their employees now qualify for a special tax credit contained in recent...

Benefits | April 1st, 2010

Kravitz Report Cites Surge in Cash Balance Plans

April 1, 2010 (PLANSPONSOR.com) – Based on an analysis of government filings, a new report claims that cash balance plan designs have enjoyed a 359% increase...

Benefits | April 1st, 2010

Employee Takes Extreme(ist) Measure to Get Day Off

April 1, 2010 (PLANSPONSOR.com) – A Florida man is accused of calling in a bomb threat so he could get the day off work.

Benefits | April 1st, 2010

Lowe's Sued for Religious Discrimination

April 1, 2010 (PLANSPONSOR.com) - The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit accusing Lowe’s Home Centers of religious discrimination for requiring an employee to work...

Benefits | April 1st, 2010

CEO Pay Dropped Again in 2009

April 1, 2010 (PLANSPONSOR.com) - CEO compensation edged lower in 2009 - the first time in two decades that pay declined for two consecutive years, according to the...

Benefits | April 1st, 2010

Calendar Bares Out Flight Attendant Pay Concerns

April 1, 2010 (PLANSPONSOR.com) - Flight attendants owed up to nine months' wages by a grounded Spanish airline have decided to bare their plight – and...

Benefits | March 31st, 2010

Public Employers Step up Wellness Efforts

March 31, 2010 (PLANSPONSOR.com) – A new survey shows that half of public employer health plans have been able to avoid double-digit premium rate increases in 2010, and...

Benefits | March 31st, 2010

Admin Staff a Secret Weapon for Employers

March 31, 2010 (PLANSPONSOR.com) - New research shows administrative professionals are moving beyond their traditional roles to take on responsibilities in areas such as cost control, technology and...

Benefits | March 31st, 2010

Bakery to Pay $350K to Settle Harassment Suit

March 31, 2010 (PLANSPONSOR.com) - A Chicago-area baking company will pay $350,000 to settle a national origin harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC).

Benefits | March 31st, 2010

More Companies Report Health Reform Impact

March 31, 2010 (PLANSPONSOR.com) – More companies are reporting the financial hit they say they will take as a result of the U.S. healthcare overhaul signed into law...

Benefits | March 31st, 2010

Employers Plan to Reward Employees as Economic Conditions Improve

March 31, 2010 (PLANSPONSOR.com) - Most executives (76%) are willing to sweeten the pot to avoid losing their best employees when economic conditions improve, suggests a new survey...

Benefits | March 31st, 2010

More Employers Reinstating Match in 2010

March 31, 2010 (PLANSPONSOR.com) – Research from Fidelity Investments indicates many employers are reinstating employer matching contributions to their 401(k) plans.

Benefits | March 31st, 2010

Pace of Plan Change Still Positive, But Slow

March 31, 2010 (PLANSPONSOR.com) – Plan sponsors continued to make positive enhancements to their programs last year, albeit at a more modest pace.

Benefits | March 30th, 2010

Retirement Savings Picture for Early Boomers not that Bad

March 30, 2010 (PLANSPONSOR.com) – A new report indicates that while Early Boomers lost a lot of money ($1 trillion) during the economic downturn they have already recovered...

Benefits | March 30th, 2010

Bank of America and Merrill Lynch Accused of Gender Discrimination

March 30, 2010 (PLANSPONSOR.com) - Three female financial advisers have filed a lawsuit charging gender discrimination at Bank of America and Merrill Lynch.

Benefits | March 30th, 2010

Participant Actions (or Lack Thereof) Helped Mitigate Downturn's Damage

March 30, 2010 (PLANSPONSOR.com) - New Vanguard research suggests that retirement plan participants, either as a result of conscious resolve or inertia, mitigated the recent economic downturn's damage...

Benefits | March 30th, 2010

GenCorp to Restart Match Contributions

March 30, 2010 (PLANSPONSOR.com) – GenCorp Inc. is reinstating the employer match feature for the 401(k) plan for non-union employees starting this summer.