A Hewitt Associates analysis of 2.7 million U.S. employees reveals that the average 401(k) plan balance has dropped 14% in 2008 to $68,000, down from $79,000 in 2007. In the past two months alone, employees, on average, have lost nearly 18% of their 401(k) plan savings, and some have lost more than 30%.
In addition, savings rates have dropped marginally, from 8% in 2007 to 7.8% in 2008, while 4% of employees have stopped 401(k) plan contributions altogether.
Dr. David Adamson, founder and CEO of ARC Fertility, explains how employers can design more inclusive family planning benefits.
A stroke rehabilitation specialist explains the risk factors women face, and how certain lifestyle changes can keep them healthy.
An online privacy expert shares his strategies on how to stay vigilant online and avoid scammers.
Thousands of former employees say they were denied severance following the former CEO's takeover of the platform.
Employers can promote a healthier, more productive workforce thoughtful wellness offerings
