PORTLAND, Maine— FairPoint Communications workers in Maine, New Hampshire and Vermont have known it had to come to an end. Terms of their Verizon contract had carried over when FairPoint purchased the company's land-based telephone operations and had been mostly unchanged for 10 years. "We get that FairPoint doesn't have the deep pockets that Verizon had.» Read More
HONG KONG, Aug 14- Chinese shoe manufacturer Yue Yuen Industrial Holdings Ltd posted a 48 percent fall in first-half net profit as it booked provisions to improve employee benefits- steps it has taken after it suffered from a major strike earlier this year.
NEW YORK, Aug 13- When benefits enrollment season arrives this fall, employees around the country can expect to see the impact of corporate cost-cutting on their finances.
With volatility and geopolitical risks picking up this summer, some in the financial markets are questioning whether to put vacation plans on hold.
July 30- U.S. health insurer Humana Inc reported a lower profit owing to higher costs on Wednesday, as mounting concerns about increased medical spending drove health insurance industry shares lower for a second straight day.
GM GENERAL COUNSEL MILLIKIN SAYS YES WHEN ASKED WHETHER ANY OF THE 15 EMPLOYEES FORCED OUT RELATED TO DEFECTIVE SWITCH WERE GIVEN RETIREMENT BENEFITS OR SALARY THEY HAD NOT PREVIOUSLY EARNED.
Most of the cuts he suggested in a 72- page review of Italy's public administration- an unpublished tome seen by Reuters that picks apart services ranging from disability benefits to policing- appear to have been ignored by Matteo Renzi's government.
CHICAGO, July 3- The Illinois Supreme Court decided Thursday that healthcare for retired state workers is a constitutionally protected pension benefit, a ruling with implications for pension reform legislation passed by the state legislature earlier this year.
WASHINGTON, July 2- Bangladesh has to do more to improve factory conditions and workers rights in order to have U.S. trade benefits restored, the U.S.
NEW YORK, June 23- For years, some U.S. states and cities failed to put enough money into their retirement systems, leaving an estimated $1 trillion gap in public pension funds across the country. But in two of the states with the biggest pension problems, New Jersey and Illinois, recent reforms allow lawsuits to seek to compel full contributions.
Starbucks just advanced the ball on tuition reimbursement. Is there a revolution brewing in Corporate America?
SHANGHAI, June 11- About 500 employees of a factory in southern China owned by Swiss engineering group ABB have gone on strike over compensation and low social insurance contributions by the company, a worker and an activist said on Wednesday.
Recruiters say these kinds of perks help start-ups attract talent. But there's another motive.
Manufacturing has the best benefits in 2014 out of six industries in the percentage of employees offered basic benefits, Aflac says.
May 19- Many retirees don't maximize their Social Security retirement benefits because they start them at the wrong time or overlook more sophisticated claiming strategies.
Discussing the stigma attached to women who take career breaks to raise a family and try to come back to work, with Shirley Leung, The Boston Globe, and CNBC's Steve Liesman.
More men over the age of 50 have college degrees, but under the age of 35, the figures reverse. CNBC's Steve Liesman questions how businesses will react to the rising "she-conomy."
April 25- A committee created by a U.S. bankruptcy court to represent Detroit's retired workers said on Friday it reached an agreement in principle with the city over pensions and healthcare, potentially giving the city a key ally.
April 25- A committee created by a U.S. bankruptcy court to represent Detroit's retired workers said on Friday it reached an agreement in principle with the city over pensions and healthcare.
April 25- A committee created by a U.S. bankruptcy court to represent Detroit's retired workers said on Friday it reached an agreement in principal with the city over pensions and healthcare.
NEW YORK, April 18- A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees.