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CareerBuilder Notes Major Changes in Jobs Composition Since 2001

Demographic shifts in the United States over the past 14 years have led to a significantly different workforce, according to a special report from CareerBuilder. Men are in a wider array of career fields; the number of occupations heavily represented by workers 55 and older has more than doubled; and in each of the 50 […]

To fire or not to fire: Remember arrested employee may not be guilty

Learning that a trusted employee has been arrested and accused of theft is always alarming, but the question of what to do—suspend, terminate, or wait and see how the case plays out—adds even more stress. Recently, several attorneys who represent employers were asked what to do in such a situation. Their advice: Suspension or termination […]

Economists Say 401(k) Plan Loan Policy Shapes Borrowing

Decades into reviewing the pluses and minuses of 401(k) defined contribution retirement plans, most employer plan sponsors have chosen to offer plan loans, which on the one hand give participants early partial access to their retirement funds but also threaten to erode those savings. A new paper suggests that plans’ loan policy can shape participant borrowing, […]

Putin to ‘Raise’ Retirement Ages

They say everything is relative. With his country having budget woes due to lower petroleum prices and sanctions over the Ukraine, Russian President Vladimir Putin has announced that he may be forced to “raise” retirement ages. Wait until you see what the ages are now!