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additional benefits company
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OVERLAND PARK, Kan., Sept. 29 /PRNewswire-FirstCall/ -- YRC Worldwide Inc. (Nasdaq: YRCW) today announced that its board of directors has approved a tentative agreement with the International Brotherhood of Teamsters, and the Teamsters approved submitting the tentative agreement to the company's Teamster represented employees for ratification. The agreement is designed to significantly improve the company's competitive position in the marketplace. Additionally, the agreement provides for re-entry of the YRCW operating companies into the multi-employer pension plans to which they contribute in a manner that provides important member benefits while maintaining an improved competitive market position for the company. Additional details regarding the terms of the tentative agreement can be ...
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..., respondent Cleveland Indians Baseball Company (Company) owed 8 players backpay for wages due in ... to 1986 and 1987 would generate no additional FICA or FUTA tax liability for the Company and its... worker's eligibility for Social Security benefits under § 209(g), as that provision was formulated ...
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A portion of these expensive overpayments has gone to insurance company profits, marketing, and administrative costs rather than to additional benefits to seniors. These overpayments have resulted in higher premium costs for seniors participating in traditional Medicare, and they have diminished Medicare's ability to provide future benefits to all seniors. If overpayments are eliminated, as the Congressional Medicare Payment Advisory Commission recommends, the savings should be used to address the national crisis of children's health care - a crisis that is getting worse because SCHIP is drastically underfunded to serve even those children who are currently eligible for coverage. This crisis affects real children. There are countless chronically ill children whose lives and futures are ...
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BOISE -- Recently laid-off employees of Micron Technology Inc. might be eligible for additional benefits if the company persuades the federal government that the workers lost their jobs due to foreign competition. The company filed a petition with the U.S. Labor Department this month requesting additional assistance for the former employees under the Trade Adjustment Assistance program.
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Piper Jaffray Cos. in Minneapolis, MN, implemented a mentoring program as part of its efforts to help employees achieve their personal and career development goals. In addition to this objective, the program also sought to promote cross-cultural communication, encourage diversity of style and ideas, and convey the organization's key values and core behaviors. The company was able to meet all these objectives and discovered additional benefits. One of these was the valuable insights offered by mentees that helped their mentors develop a better understanding of the issues employees have to deal with everyday. The mentoring program, however, was not entirely problem-free. Some of the difficulties experienced by the participants were finding time for meetings, gaining the trust of mentees a...
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Open enrollment in company-sponsored benefits can be a confusing time, with a plethora of choices and additional responsibility falling on employees. Workers receive a stack of handouts each fall and are asked to choose among medical plans with varying coverage options, allocate pretax dollars to health and dependent care savings accounts, and participate in wellness programs to save money.
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EDITOR'S NOTE: This story has been updated with The Hartford's mid-afternoon stock price and additional analyst comments. BOSTON (Reuters) - The Hartford Financial Services Group Inc., under pressure to boost its stock price from hedge fund manager, said it would get rid of most of its life insurance-related operations and focus on being a property insurance and group benefits company.
