The Department of Labor recently issued final regulations for processing civil penalties against pension plan administrators who fail to furnish certain documents to participants, beneficiaries and others.
The economic recovery package proposed by President-elect Barack Obama hopes, in part, to redefine the job market by recreating over a million new jobs. Yet Obama will also have to pay attention to labor policies affecting his own federal workforce.
New research by MetLife assesses, much like a Myers-Briggs personality test, employers' attitudes toward their benefits programs. Based on the data, employers fall into four categories: progressive, flexible, traditional and standard.
If employers want to reduce their health care costs by using value-based benefit designs, then they will have to teach their workers that expensive health care doesn't automatically mean quality care, reports the Midwest Business Group on Health.
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