The company is considering freezing its U.K. defined-benefit plan by April 2010, according to an e-mail the company sent to employees. The plan has been closed to new members since 1997.
A letter to President Obama is signed by Mike Duke, Wal-Mart CEO and president; Andy Stern, president of the Service Employees International Union; and John Podesta, president and CEO of the Center for American Progress, a left-leaning think tank.
It’s Eye Injury Prevention Month, the Wellness Council of America reminds employers—a good time to ensure that employees are taking the necessary precautions.
The Congressional Budget Office said a slate of legislative options shaped in the Senate Finance Committee could be priced under $1 trillion and expand coverage to 97 percent of Americans even while some Republicans expressed doubts.
While the pace of developing health care reform legislation has slowed in Congress, President Obama said Monday, June 22, that predictions that the drive is faltering simply aren’t true.
The 850-page proposal is meant to serve as the foundation for the work that the House health, commerce and tax committees will do over the next several weeks to develop a final health care measure by the end of July. Hearings are slated to begin June 23.
Recent health care contracts show how performance guarantees have evolved in recent years.
The aim of the early-retirement plan is to create vacant positions that can be filled by some of the 500 new hires Michelin expects to make each of the next three years. The company also expects the initiative to rebalance the age profile of its workforce.
The HR organization’s China Miner Gorman warns that the legislation mandating paid sick days would foist new requirements on employers that could turn out to be as difficult and costly to administer as the Family and Medical Leave Act—whose 200 pages of regulations she held up at the hearing.
The Healthy Workforce Act requires that the wellness programs include three of the following four components: health education, participation monitoring, behavioral change and a supportive environment for healthy lifestyles.