CHICAGO, March 19- If you are due a pension from a former employer, there is a good chance you were or soon will be offered a lump-sum payment in exchange for giving up that guaranteed monthly check for life. That is the conclusion of a recent review by the U.S. Government Accountability Office of 11 lump-sum-offer information packets provided to beneficiaries by...» Read More
The number of employee-owned U.S. companies is now increasing by 10 percent or more annually. "It's hardly socialism," says one exec.
A federal judge said General Motors does not need to pay $450 million to cover medical benefits for retirees.
Lindsey Piegza, Sterne Agee chief economist, and CNBC contributor Michael Farr, dig into current market conditions and when the Fed may taper.
Former Vermont Governor Howard Dean makes the case for fixing the minimum wage, and Lindsey Piegza, Sterne Agee chief economist, discusses the impact to businesses.
Institutional Investor is releasing its inaugural "Pension 40" ranking today, which includes the most powerful players battling the future of U.S. pensions. Institutional Investor executive editor Michael Peltz, provides insight.
CNBC's Bertha Coombs reports employees may now carry over up to $500 per year in their flexible spending accounts.
Goldman Sachs is pushing its junior investment bankers to take weekends off as the firm revises demands placed on employees, Bloomberg reported.
The Labor Department believes furloughed government workers during the government shutdown are not eligible for unemployment benefits, reports CNBC's Hampton Pearson.
Who are the highest paid CEO's? CNBC's Mary Thompson reveals the top earning CEO's. For the first time ever two of the top ten exceeded more than one billion.
Some furloughed workers may receive both back pay and unemployment. Cathy Areu, Washington Post Magazine, and Diana Furchtgott-Roth, Manhattan Institute, debate the double compensation.
All federal workers furloughed during the government shutdown will receive their back pay but some in certain states will also get unemployment pay. CNBC's Hampton Pearson has the details.
The House voted to resume Military death benefit payments, reports CNBC's Dominic Chu. However, the Defense Department says it cannot process the payments during the shutdown.
CNBC's Hampton Pearson reports Z-Burger has been giving away burgers to government employees who show their ID. The DC economy is taking at least a $200,000 daily hit.
CNBC's Jon Fort reports Oracle is defending its CEO Larry Ellison against critics who are upset over Ellison's pay package.
PNC found the five most serious threats to your retirement. CNBC's Sue Herera breaks it down.
CNBC's Seema Mody reports BlackBerry CEO Thorsten Heins could rake in $55 million if the company is sold or his job is terminated; and Brian Colello of Morningstar, thinks the company wanted to offer a pay package to avoid another CEO shift.
Some workers at Gerawan Farming have submitted signatures to decertify the union there. CNBC's Jane Wells reports on the details of the labor fight.
Google is offering its employees meditation and mindfulness courses, hoping to increase innovation. Former software engineer at Google, Chade-Meng Tan describes his courses and how employees are benefiting. Kenny Polcari of O'Neil Securities is guided in meditation.
The SEC voted in favor of a CEO pay ratio rule, which could force companies to share how their executive's pay compares to their rank and file employees. Former SEC Chairman Harvey L. Pitt, weighs in.
CNBC's Kayla Tausche, Kelly Evans and Dominic Chu discuss a Wells Fargo study that says more than half of millennials lack confidence in the stock market.