GO
Loading...

Employee Benefits

More

  • NEW YORK, Dec 15- Healthcare companies including Aetna Inc, Mercer and Towers Watson Co have invested hundreds of millions of dollars to build exchanges that allow company employees to buy their own insurance, betting that Corporate America wants to get out of managing workers' health benefits. By last year, blue chip names like Sears Holding and Walgreen Co had...

  • -An administrative law judge found Walmart threatened employees trying to organize workers at two stores in California, in a victory for workers' rights groups challenging labor practices at the retail giant. Geoffrey Carter, National Labor Relations Board Administrative law judge in Washington, D.C., told the company to stop applying pressure on employees...

  • Dec 4- Electronics retailer RadioShack Corp will stop matching employees' retirement-fund contributions and review health benefits to help cut costs, Bloomberg reported on Thursday, citing an internal memo. RadioShack will discontinue matching for 401 and 1165 plans on Feb. 1, the memo from Chief Executive Officer Joe Magnacca said, according to Bloomberg.

  • Dec 2- A Rhode Island judge on Tuesday agreed to send a union-backed lawsuit over the state's sweeping 2011 public pension reform to a jury trial, scheduled for April 20, a court spokesman confirmed. Rhode Island's overhaul has been used by other state and local governments across the United States as a model to rein in ballooning costs of retirement benefits for...

  • Nov 25- New Jersey's retirement system for public employees is in worse shape than previously reported, thanks to recent accounting changes that are starting to be rolled out across the country. Under new pension accounting standards, issued by the Government Accounting Standards Board, the New Jersey system's overall funded level stands at 44 percent for...

  • Bonuses for lawyers who survived the meltdown  Monday, 24 Nov 2014 | 1:27 PM ET

    Discussing how big law bonuses compare to Wall Street bonuses, with Elie Mystal and David Lat of Abovethelaw.com.

  • By Peter Maushagen and Victoria Bryan. FRANKFURT/ BERLIN, Oct 21- Lufthansa pilots threatened to call further strikes this week after the latest stoppage in a dispute over retirement benefits grounded two-thirds of its flights on Tuesday. At Frankfurt airport, Lufthansa's main hub and Europe's third largest airport, queues snaked back from check-in desks, and...

  • KUWAIT, Oct 21- Revenue at Kuwait- listed logistics company Agility is expected to resume growing next year as emerging markets business expands and the company develops new sectors, chief executive Tarek Sultan said. With more than 20,000 employees and over 500 offices in more than 100 countries, Agility is one of Kuwait's corporate success stories and a play...

  • Oct 7- Wal-Mart Stores Inc, the biggest U.S. private sector employer, said on Tuesday that its 1.3 million workers would have to pay more for healthcare and it would end benefits for some part-time staff in a move that could prompt other companies to follow suit. In addition, Wal-Mart will end coverage for employees who work fewer than 30 hours a week, a change that...

  • Oct 7- Wal-Mart Stores Inc, the biggest private-sector employer in the United States, said on Tuesday it was ending healthcare coverage for tens of thousands of part-time workers to cut costs in a move that could prompt other companies to follow suit. Wal-Mart flagged rising health care costs as a problem in August, when it cut its annual profit forecast.

  • Oct 7- Wal-Mart Stores Inc, the biggest private sector employer in the United States, said on Tuesday it would no longer provide health benefits to some of its U.S. part-time workers due to ballooning healthcare costs. "Like every company, Wal-Mart continues to face rising health care costs," Sally Welborn, the company's senior vice president of global benefits...

  • Oct 7- Wal-Mart Stores Inc said it would no longer provide health benefits to some part-time workers in the United States due to ballooning healthcare costs. Wal-Mart cut its full-year profit forecast in August, citing higher employee benefit costs, among other things. The company said then that it expected to spend $500 million on U.S. healthcare this year, up...

  • Oct 3- The Trump Taj Mahal casino failed on Friday to get immediate court approval to end its union pension obligations, a key condition for a $100 million rescue plan backed by billionaire investor Carl Icahn. The setback may be only temporary for Trump Entertainment Resorts Inc, bankrupt owner of the Taj Mahal. Bankruptcy Judge Kevin Gross in Wilmington,...

  • SACRAMENTO, Calif., Oct 1- The judge presiding over the Stockton, California, bankruptcy case said on Wednesday that he will wait until late October to make a final ruling over whether the city can exit bankruptcy. In that case, the city's pension plans have agreed to accept benefit reductions, but the Detroit bankruptcy is not yet resolved. "This ruling is not legally...

  • WASHINGTON, Sept 16- Leaders of some of the biggest U.S. corporations, from Coca-Cola Co to Johnson& Johnson, unveiled a campaign on Tuesday to reduce the nation's healthcare costs, urging their peers to embrace wellness programs to improve employee health.

  • WASHINGTON, Sept 16- Leaders of some of the biggest U.S. corporations, from Coca-Cola Co to Johnson& Johnson, unveiled a campaign on Tuesday to reduce the nation's healthcare costs, urging their peers to embrace wellness programs to improve employee health.

  • RIVERSIDE, Calif., Sept 11- The city of San Bernardino, California, may impose cuts to its firefighters overtime and pension benefits in a bid to reach a bankruptcy exit plan, the federal judge overseeing the case said on Thursday.

  • SHANGHAI/ DONGGUAN, Sept 11- About 16,000 workers at two subsidiaries of Taiwanese touch-screen maker Wintek Corp went on strike over holiday benefits this week in southern China in one of the biggest work stoppages this year, the Xinhua news agency reported.

  • SHANGHAI, Sept 11- About 16,000 workers at two subsidiaries of Taiwanese touch-screen maker Wintek Corp went on strike over holiday benefits this week in southern China in one of the biggest work stoppages this year, the Xinhua news agency reported.

  • NEW YORK, Sept 10- U.S. health insurance premiums are going up only 3 percent this year, to an average of $16,834 for a family. The Kaiser Family Foundation's 2014 Employer Health Benefits report says that rate increases are slowing from recession highs that ran far above inflation rates.