Increasingly, employers who provide their employees with a retirement plan are relying on 401(k) and similar defined contribution
plans instead of defined benefit plans. As a result, participants are paying more of the cost of managing their pension plans,
which can take a substantial toll on their retirement savings.
The Bureau of Labor Statistic’s National Compensation Survey provides comprehensive measures of occupational
earnings, compensation cost trends, the incidence of benefits, and detailed benefit provisions.
Face-to-face communication is becoming a lost art.
One of my favorite chick flicks is “You’ve Got Mail.” In the movie, Tom Hanks plays a character who owns
a big chain bookstore and Meg Ryan’s character is the owner of a small corner bookstore previously owned by her mother.
U.S. worker productivity, year over year, continues to increase. Even though employees have seen their incomes stagnate, job opportunities
derailed, and retirements jeopardized, worker productivity keeps climbing, reports the Credit Union National Association’s
2010-2011 Environmental Scan.
Employers are having difficulty offering benefits due to financial constraints caused by the poor economy and escalating
costs, particularly for health care, according to the Credit Union National Association’s (CUNA) 2010-2011 Credit Union Staff Benefits Survey Report.
The recession hasn’t just affected bank accounts and bottom lines—it’s also had a big impact on the morale and attitudes of the American workforce, says Jon Gordon, author of “The Shark and the Goldfish: Positive Ways to Thrive During Waves of Change.” “When fear and uncertainty become staples of daily...
Your credit union is sprinkled with bright, empowered, innovative people known as Rudolphs (so named after the holiday character Rudolph the Red-Nosed Reindeer) because they can shine the light exactly where the organization needs to go. These people have always been important, according to “The Red-Nosed Revolution: Five Ways to...