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Employee Benefits

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  • Youth Facing 'Not Hired at All' Dilemma Wednesday, 14 Dec 2011 | 3:13 AM ET
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    Although unemployment was steady at 8.3 percent in the Organization for Economic Cooperation and Development area, youth unemployment, at 17.2 percent, is high and likely to go higher, Stefano Scarpetta, deputy director for Employment, Labor and Social Affairs at the OECD, told CNBC.com.

  • Making Wellness Work for Small Business Monday, 14 Nov 2011 | 11:25 AM ET
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    When most small business owners think of initiating a wellness program to help employees lose weight or stop smoking, they conclude it’s a luxury they can’t afford. Others have concluded they can’t afford not to. 

  • Welfare Reform Targets Workers’ Hours Monday, 14 Nov 2011 | 3:49 AM ET
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    Workers claiming state help with childcare and housing costs will be expected to seek longer hours, or risk sanctions that could include loss of benefits or a requirement to undergo training, in a radical shift in Britain’s welfare system, the Financial Times reports.

  • Flexible Savings Accounts Become Even More Valuable Now Wednesday, 6 Jul 2011 | 11:27 AM ET
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    “Flexible savings accounts are today what the 401(k) match was 10 or 15 years ago, where people didn’t grasp that this free opportunity was sitting there,” says one financial expert.

  • stethoscope_money_200.jpg

    With health care costs skyrocketing, companies are wondering how they are going to afford coverage for their employees in the years ahead. Bloom Health in Minneapolis re-thought the traditional managed care model and came up with something different.

  • Temps May Become a Larger Part of the Workforce Monday, 20 Dec 2010 | 6:32 AM ET
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    Despite a surge this year in short-term hiring, many American businesses are still skittish about making those jobs permanent, the New York Times reports.

  • Unions Yield on Wage Scales to Preserve Jobs Saturday, 20 Nov 2010 | 10:39 AM ET
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    Even at manufacturing companies that are profitable, union workers are reluctantly agreeing to tiered contracts that create two levels of pay, the New York Times reports.

  • Holidays at the Office: No Spouses, More Booze Tuesday, 16 Nov 2010 | 3:25 PM ET
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    A survey by executive recruiting firm Amrop Battalia Winston says, "The worst holiday party slump in the past 22 years has been recorded in 2010, with only 79 percent of businesses conducting some type of holiday celebration."

  • Will the French Passion for Strikes Cross the Channel? Tuesday, 19 Oct 2010 | 9:26 AM ET
    The Palace of Westminster, home of the UK Parliament in London.

    The UK is bracing itself for the big squeeze. On Wednesday we will find out just where the axe will fall as the government tries to get its fiscal house in order.

  • Gavel

    A Delaware bankruptcy judge has told auto parts supplier Visteon that it must restore health and life insurance benefits for thousands of retirees.

  • New Rules on Changes to Benefits Monday, 14 Jun 2010 | 10:48 AM ET
    Cost of healthcare

    The White House on Monday will issue new rules that strongly discourage employers from cutting health benefits or increasing the costs of coverage to employees, reports the NYT.

  • Facebook, Twitter Cost UK Firms $2.25 Billion a Year Monday, 26 Oct 2009 | 9:50 AM ET
    Twitter

    Social networking sites like Facebook and Twitter are costing UK businesses over £1.38 billion ($2.25 billion) per year in lost productivity, research from IT services company Morse stated Monday.

  • Unemployed Feel 'Traumatized' by Recession: Study Thursday, 3 Sep 2009 | 3:51 AM ET
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    A new study finds that the recession has left many jobless workers struggling to cope with the psychological stress caused by becoming unemployed in a weak economy.

  • Hundred Dollar

    One major bank's recent announcement that it will boost base pay while reducing bonus opportunities for certain employees spawned headlines around the globe, and with good reason.

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    Of all the problems thrown up by the ailing economy, an aging workforce is certainly one of the smaller ones, but for those in leadership positions, recognizing its effect on the next generation of talent is likely to be key in retaining that talent beyond the new retirement dates of their more experienced employees.

  • Intern Nation Thursday, 11 Jun 2009 | 11:59 AM ET
    Secretary/Intern

    Welcome to the wonderful world of working for no pay.

  • Firms Add 'Concierge Services' to Benefit Packages Thursday, 25 Oct 2007 | 2:26 PM ET

    A growing number of companies are embellishing their benefits packages with "concierge services" -- everything from flower deliveries and car detailing to restaurant reservations and clothes alterations.

  • AK Steel Shares Jump on $663 Million Healthcare Deal Monday, 8 Oct 2007 | 10:33 AM ET

    AK Steel Holding said Monday it would create a $663 million healthcare trust as part of a lawsuit settlement with retirees, sending its shares up more than 10 percent.

  • Is Wal-Mart a Good Employer or Exploiting Workers? Friday, 1 Jun 2007 | 2:50 PM ET
    WalMart

    Judith Spanier, a plaintiff’s attorney and partner at Abbey, Spanier, Rodd & Abrams, told CNBC’s “Power Lunch” that Wal-Mart’s workers “have no voice except for litigation.” But Aliza Herzberg, a partner at Olshan, Grudman, Frome, said prospective workers routinely flood Wal-Mart with job applications when a new store opens, including 25,000 people who applied for 400 jobs in Evergreen, Ill.

  • Big Box, Big Brother? Wal-Mart Accused Of Snooping Thursday, 5 Apr 2007 | 9:07 AM ET
    WalMart

    The Wall Street Journal reported that a Wal-Mart employee was fired for recording phone calls with a New York Times reporter last month. And now, the man claims he was part of a more elaborate corporate espionage scheme. Labor and privacy experts joined “Street Signs” to analyze the case. David Garland, co-chair of the employment and labor group at Sills Cummis, explained to CNBC's Erin Burnett that at times, employees will go too far when snooping for the company...