Employer Strategies

Reflecting uncertain economic conditions and a conservative cost-management environment, U.S. employers are projecting moderate pay raises for employees in 2012. Employers expect to fully fund their annual bonuses for workers this year, as corporate profits have increased, according to new survey data by global professional services company Towers Watson of 773 employers.

If you have former employees receiving subsidies for COBRA coverage, that will end August 31 with no signs of Congress looking to extend the subsidy program further.

One of the primary features of the Affordable Care Act is the establishment of state-based health insurance exchanges.

Middle-income baby boomers, those earning between $30,000 and $74,000, are vastly underserved in terms of preparing for retirement, according to a new Insured Retirement Institute report, “Middle-Income Boomers and Retirement: Tapping the Significant and Underserved Middle-Income Market.”

According to Wikipedia, the word transparency implies openness, communication and accountability . . . performing in such a way that it is easy to see what’s wrong. Sounds like our health care system, doesn’t it? Not really and that’s where enormous opportunity exists to “fix” healthcare.

Middle-income Baby Boomers, those earning between $30,000 and $74,000 are vastly underserved in terms of preparing for retirement, according to a new report from the Insured Retirement Institute, “Middle-Income Boomers and Retirement: Tapping the Significant and Underserved Middle-Income Market.”

While companies have been slashing payrolls in recent years, a new study finds that at least they haven't been trimming their severance packages. Severance and change-in-control plans have survived the recession fairly intact, according to a study released this week by WorldatWork and Innovative Compensation and Benefits Concepts LLC (ICBC), an HR consulting firm.

Forty-two percent of workers are living paycheck to paycheck, down slightly from the 43% who were in this financial state in 2010, CareerBuilder found in a survey of 5,200 workers. This 42% level is at pre-recession levels, indicating that while incremental, household finances are improving.

A former Arab American employee of PricewaterhouseCoopers has filed suit against the firm, claiming he was terminated after he told an internal newsletter that he thought “there is room for improvement” in PwC’s diversity practices.

Forty-two percent of workers are living paycheck to paycheck – another reason clients have to help employees wring maximum value from their compensation.