Employer Strategies

Many employers are considering making changes to their total rewards programs as a result of the Affordable Care Act, yet most do not anticipate making changes that could negatively affect employees, such as discontinuing health coverage, asking full-time workers to switch to part-time work or increasing the use of contract workers, according to a survey released last Thursday.

According to a recent study from the University of London’s Centre for Longitudinal Studies, children whose mothers work during their early years do as well at school as those with stay-at-home moms.

The decision holds that the federal court may only review “whether the arbitrator (even arguably) interpreted the parties’ contract, not whether he got its meaning right or wrong” in contemplating class arbitration.

Forty-nine percent of organizations feel that new grads lack basic skills and knowledge of writing in English, 18% worry about math proficiency and 13% believe graduates lack English speaking skills.

In a new Mercer survey of nearly 900 employers, 9% of respondents say ACA will have little or no cost impact on their bottom line (adding less than 1%), down significantly from the 25% who thought so in 2011.

Hostility over traditional public DB plans escalates.

If retirees want to maintain 100% of income in retirement, this is what they should accept.

Position serves both wealth management and retirement group lines.

More 401(k) retirement plan participants are turning their portfolio construction over to a professional, according to Vanguard’s annual 401(k) report.

The three-legged stool of social security, pension and personal savings is going to be a thing of the past for most of today’s workforce.