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What to Do When Your Boss Stiffs Your 401(k)

Thu, 02 May 2013 06:08:00 -0400

DailyFinance.com: Alamy Wondering why you haven't seen the performance you've hoped for from your 401(k) lately? A big reason may be that your employer is simply not putting what it used to into the account. One of the best perks of 401(k) plans is the matching ... Read more

Living large in Macau on Wynn’s dime

Mon, 01 Apr 2013 08:45:59 -0400

Casinos aren’t exactly known for minimalism. Nor are many of the people who run them. Even so, the money that Wynn Resorts (WYNN) has lavished on Linda Chen, president of Wynn International Marketing, still seems beyond the norm. We’ve footnoted in the past about some of the excesses at Wynn (see here and here) and [...]

Monsanto's Intacta Rr2 Pro™ Poised To Deliver A New Wave Of Benefits For South American Countries

Mon, 25 Mar 2013 07:15:00 -0400

Too early for worst footnote of 2013?

Fri, 18 Jan 2013 12:59:06 -0500

It's only January 18, but we've already found a strong candidate for our annual worst footnote of the year contest: the sendoff for the outgoing Executive Chairman at for-profit education company Apollo Group may prove tough to beat.

Chained CPI: How Washington Is Likely to Slice Social Security Benefits

Tue, 18 Dec 2012 07:16:00 -0500

DailyFinance.com: By Bob Rosenblatt An arcane change to the way Social Security's annual Cost of Living Adjustments, or COLAs, are calculated may be part of a deficit reduction deal between President Barack Obama and Congress. The revision, known as the "chained ... Read more

Government Website For Immigrants: Come To America And Take Advantage Of Our Free Stuff

Mon, 19 Nov 2012 18:31:02 -0500

A website run by the federal government (“WelcomeToUSA.gov“) encourages new immigrants to the United States to apply for welfare benefits. This website is run by the Department of Homeland Security and it says that it “is the U.S. Government’s official web portal for new immigrants.” So your tax dollars were used to build and maintain [...]

Think Federal Workers Are Overpaid? Look Closer to Home

Wed, 29 Aug 2012 02:00:00 -0400

DailyFinance.com: Want a good salary and benefits? Get a job with the federal government -- or so the prevailing wisdom goes. But if you really want to take home more than the average Joe, get a job working for the state. In a report released earlier this year, ... Read more

The $7 Trillion Issue Presidential Candidates Are Avoiding

Fri, 30 Mar 2012 05:45:00 -0400

DailyFinance.com: For all the debate surrounding the upcoming presidential election, there's one topic not receiving nearly enough attention: Social Security. Or to be more specific, Social Security's rapidly approaching shortfall. The program originated as a safety ... Read more

What Mitt Romney Knows About Social Security That You Might Not

Thu, 29 Mar 2012 02:00:00 -0400

DailyFinance.com: Mitt Romney recently celebrated his 65th birthday. But while this milestone spurs many Americans to retire and begin claiming Social Security benefits, Romney told Fox News host Neil Cavuto that he has no plans to sign up for his entitlement checks ... Read more

What Mitt Romney Knows About Social Security That You Might Not

Wed, 28 Mar 2012 02:00:00 -0400

How to Get Your Ex-Spouse to Help Fund Your Retirement

Wed, 07 Mar 2012 07:55:00 -0500

DailyFinance.com: Your ex-spouse might be able to help you feather your nest in retirement. Even better, there's at least one former-spouse benefit that you won't need to go to court to get access to: payment based on your ex-spouse's Social Security earnings ... Read more

How You Can Get Warren Buffett-Style Shareholder Perks

Thu, 01 Mar 2012 03:40:00 -0500

DailyFinance.com: Most of us have 401(k) plans invested in a limited slate of predefined mutual funds. But for those of us willing to take the extra steps of opening a brokerage account and investing in stocks, there's more to be had than just the promise of better ... Read more

5 Intriguing (and Less Painful) Fixes for Social Security

Fri, 27 Jan 2012 05:10:00 -0500

DailyFinance.com: There's widespread worry about the long-term solvency of Social Security. The potential remedies we hear the most about aren't pretty: ratcheting up the age at which we can begin to collect our expected payments, reducing those expected payments, or ... Read more

Kathryn Cross Is Recruited To The Ranks Of Stanford Who’s Who

Thu, 26 Jan 2012 14:15:13 -0500

Bruce Spath Appears In The Ranks Of Stanford Who’s Who

Thu, 19 Jan 2012 08:31:32 -0500

4 Ways to Get the Most From Social Security

Mon, 12 Dec 2011 09:05:00 -0500

DailyFinance.com: The first thought most people have about Social Security these days is that it won't be there to pay them by the time they retire. But if you wait until your 60s to figure out the ins and outs of your retirement benefits, it'll be too late to do ... Read more

How to Save on Health Insurance, Part 2: Individual Plans

Wed, 28 Sep 2011 09:00:00 -0400

DailyFinance.com: In part one of this series, I examined how people with employer-supplied health insurance can save money and maximize their benefits during open enrollment. But in today's economy, when the unemployment rate is at almost 10% and companies are cutting ... Read more

My Three Cents: How Much are You Looking to Earn?

Mon, 11 Jul 2011 07:30:00 -0400

DailyFinance.com: It seems like a trick question when the job interviewer asks: "How much are you looking to make?" In today's tough job market, your instinct might be to answer, "I'll take anything." But, you can get a more informed feel for the salary range of ... Read more

People@Work: Now, Governments Are Shifting Pension Burdens Onto Workers

Mon, 07 Mar 2011 08:30:00 -0500

During the past three decades, businesses of all sizes have shifted away from traditional defined-benefit plans to defined-contribution plans, also known as 401(k)s. Now, states and local governments are doing the same, even though many workers lack the necessary investing savvy.

Continue reading People@Work: Now, Governments Are Shifting Pension Burdens Onto Workers

People@Work: Now, Governments Are Shifting Pension Burdens Onto Workers originally appeared on DailyFinance on Mon, 07 Mar 2011 08:30:00.

Filed Under: Retirement, Columns, Economy, Careers

Raises Are Still Scarce, but Employee Perks Are Coming Back

Fri, 04 Mar 2011 10:15:00 -0500

To retain and attract top employees, U.S. companies are turning to perks such as subsidized training and flexible work conditions rather than raises. These incentives are finding a welcome among employees, too, especially educational benefits.

Continue reading Raises Are Still Scarce, but Employee Perks Are Coming Back

Raises Are Still Scarce, but Employee Perks Are Coming Back originally appeared on DailyFinance on Fri, 04 Mar 2011 10:15:00.

Filed Under: Economy, Earnings, Careers

State Worker Retirements Are Soaring Across the Country

Wed, 02 Mar 2011 12:00:00 -0500

As wages and benefits shrink, state workers are retiring in droves. On top of all the layoffs, these retirements amount to a huge brain drain of government employees, and the problem is likely to get worse given the yawning budget gaps of states from coast to coast.

Continue reading State Worker Retirements Are Soaring Across the Country

State Worker Retirements Are Soaring Across the Country originally appeared on DailyFinance on Wed, 02 Mar 2011 12:00:00.

Filed Under: Retirement, Columns, Careers

State Governments Are Just Adding to Labor's Woes

Wed, 23 Feb 2011 12:00:00 -0500

American labor unions have been in decline for a half-century now. About the only large unions still growing have been those in the public sector. Until now. Cash-strapped states are attacking unions where it hurts by trying to strip them of the right to collectively bargain.

Continue reading State Governments Are Just Adding to Labor's Woes

State Governments Are Just Adding to Labor's Woes originally appeared on DailyFinance on Wed, 23 Feb 2011 12:00:00.

Filed Under: Columns, Economy, People, Careers

Low Employment Costs Could Buy Time for Fed Bond Plan

Tue, 08 Feb 2011 12:00:00 -0500

The employment cost index increased just 2% in 2010, and the trend will likely continue in 2011. Those contained employee costs will help maintain a low-inflation environment that should give the Fed more time to stimulate the economy through its asset-purchase program.

Continue reading Low Employment Costs Could Buy Time for Fed Bond Plan

Low Employment Costs Could Buy Time for Fed Bond Plan originally appeared on DailyFinance on Tue, 08 Feb 2011 12:00:00.

Filed Under: Economy

Thought Leaders In Cloud Computing: Carol Kline, CIO Of TeleTech (Part 7)

Mon, 10 Jan 2011 10:48:05 -0500

Thought Leaders In Cloud Computing: Carol Kline, CIO Of TeleTech (Part 6)

Sun, 09 Jan 2011 11:17:48 -0500

Thought Leaders In Cloud Computing: Carol Kline, CIO Of TeleTech (Part 5)

Fri, 07 Jan 2011 11:11:55 -0500

Thought Leaders In Cloud Computing: Carol Kline, CIO Of TeleTech (Part 4)

Thu, 06 Jan 2011 11:00:15 -0500

Thought Leaders In Cloud Computing: Carol Kline, CIO Of TeleTech (Part 3)

Tue, 04 Jan 2011 13:57:13 -0500

Walmart to Stop Paying New Employees Extra to Work Sundays

Wed, 08 Dec 2010 09:21:00 -0500

As part of its efforts to reduce its labor costs, Walmart plans to stop paying its staff an extra $1 an hour for working Sundays starting in 2011, according to Bloomberg. The move won't affect the retailer's 1.4 million current U.S. employees, only those hired after Jan. 1.

Continue reading Walmart to Stop Paying New Employees Extra to Work Sundays

Walmart to Stop Paying New Employees Extra to Work Sundays originally appeared on DailyFinance on Wed, 08 Dec 2010 09:21:00.

Filed Under: Company News, Wal-Mart Stores, Retail

San Francisco’s Insane Pension Plans

Tue, 26 Oct 2010 01:37:59 -0400

There’s no other word for this but madness. Via SF Weekly: “Infinite” is not a word you expect to find in a report on municipal spending. It’s more of a science fiction–type term — Tremble, Earthling, before the infinite might of Galaxor! But there it was, in a recent report on San Francisco’s finances: Spending on the city’s employee [...]

People@Work: Jimmy John's Failed Union Vote Highlights Plight of Fast-Food Workers

Mon, 25 Oct 2010 08:30:00 -0400

Low pay, lack of benefits and other issues drove Ayo Collins and three other Jimmy John's workers to enlist the aid of the Chicago-based Industrial Workers of the World to help organize 10 targeted Minneapolis stores. The effort fell short, by a vote of 87 to 85.

Continue reading People@Work: Jimmy John's Failed Union Vote Highlights Plight of Fast-Food Workers

People@Work: Jimmy John's Failed Union Vote Highlights Plight of Fast-Food Workers originally appeared on DailyFinance on Mon, 25 Oct 2010 08:30:00.

Filed Under: Company News, Economy, People, Careers, Small Business

Squeezing Seniors: Prices Spike as Social Security Stays Flat

Tue, 19 Oct 2010 11:40:00 -0400

Besides the unemployed, nobody is getting hurt worse in this economy than seniors. Prices on many commodities are skyrocketing, but the Consumer Price Index, which is the yardstick used to adjust Social Security for inflation, is virtually unchanged.

Continue reading Squeezing Seniors: Prices Spike as Social Security Stays Flat

Squeezing Seniors: Prices Spike as Social Security Stays Flat originally appeared on DailyFinance on Tue, 19 Oct 2010 11:40:00.

Filed Under: Retirement, Columns, Economy, Investing

What's oGoing on? Sanjay Dalal, CEO and Founder, oGoing Inc.

Wed, 09 Jun 2010 01:09:00 -0400

Europe Throws a Hail Mary Pass

Fri, 28 May 2010 08:30:17 -0400

In a 1975 playoff game, the Dallas Cowboys were nearly out of time and facing elimination from the playoffs, down 14-10 against a very good Minnesota Vikings team. The Cowboys future Hall of Fame quarterback Roger Staubach had no very good options. He later said he dropped back to pass, closed his eyes and, as a good Catholic, said a Hail Mary and threw the ball as far as he could. Wide receiver Drew Pearson had to come back for the ball and, in a very controversial play, managed to catch the ball on his hip and stumble into the end zone. Angry Vikings fans threw trash onto the field, and one threw a whiskey bottle that knocked a referee out. After that play, all last-minute desperation passes became known…

Peak Oil: The Changes

Sat, 15 May 2010 15:42:56 -0400

The following is a transcript of the conversation I had with Paul Michael Wihbey on the May 4 episode of Turning Hard Times into Good Times. The previous week, Simmons presented his continuing thesis that the lights on western civilization are about to go out. Contrasting that notion is Paul Michael Wihbey, who provides a much more optimistic view of prospects for keeping the lights on, not from foreign imported oil, but from abundant sources right here in North America. Jay: Welcome back to Turning Hard Times into Good Times. I am your host, Jay Taylor. Again, I want to thank each of you for listening to this show, and I want to thank our sponsors for the second hour of this show, because without them this show would …

Retirement Confidence Continues to Erode, Especially Among Women

Mon, 19 Apr 2010 16:25:00 -0400

Americans are far from feeling confident about paying for retirement, according to the Employee Benefit Research Institute's latest annual survey. Yet one group that is feeling a little more self-assured, is men. That may seem like a good thing, but being too confident or cautious about your investments can backfire.

Continue reading Retirement Confidence Continues to Erode, Especially Among Women

Retirement Confidence Continues to Erode, Especially Among Women originally appeared on DailyFinance on Mon, 19 Apr 2010 16:25:00.

Senator Blocks Extension of Unemployment Benefits for 1.1 Million Workers

Fri, 26 Feb 2010 14:00:00 -0500

Republican Senator Jim Bunning has twice stopped the Senate from passing a $10 billion measure that includes a 30-day extension of unemployment benefits that are set to expire this weekend. Without passage of the bill, 1.1 million Americans will be left without vital financial resources.

Continue reading Senator Blocks Extension of Unemployment Benefits for 1.1 Million Workers

Senator Blocks Extension of Unemployment Benefits for 1.1 Million Workers originally appeared on DailyFinance on Fri, 26 Feb 2010 14:00:00.

Filed Under: Economy, Insurance

Millions of jobless workers still face loss of benefits in 2010

Thu, 19 Nov 2009 07:30:00 -0500

DailyFinance: Jobless workers who saw the clock ticking on their unemployment benefits likely breathed a sigh of relief earlier this month after Congress overwhelmingly agreed to extend unemployment insurance payments for as many as 20 weeks. But a nonprofit labor ... Read more

U.S. workers choose layoffs over losing health benefits

Wed, 16 Sep 2009 13:20:00 -0400

DailyFinance: It appears U.S. employees are becoming increasingly cutthroat when it comes to preserving their health care benefits. A new survey says nearly half would prefer their employers lay off their coworkers rather than cut or eliminate their current health ... Read more

UK benefit payout will exceed income tax revenue by over 10%

Sat, 27 Jun 2009 07:48:57 -0400

Stacy Summary: Bit tip of the hat to @Mike2liverpool. And finally, go join the conversation about yesterday’s OTE at DemocraticUnderground, if you would like to. Oh, and email newsroom@presstv.ir if you want to send some comments to them! Benefit payout will exceed income tax revenue Goldman’s false flag operation (forum board for yesterday’s On the Edge) Goldman Sachs [...]

Pension Benefit Guaranty Corp. Doubles Down at the Blackjack Table

Mon, 03 Mar 2008 11:46:02 -0500

That’s exactly the thing to do when you’re behind, isn’t it? Double your bet so that you can “make it all back.” Right. Having fallen into the hole to the tune of fourteen billion dollars, the Federal Government’s own Pension Benefit Guaranty Corporation has doubled its bet in an effort to “make it all back.” Reuters [...]