Last week, the world’s largest retailer announced that it will start to unwind its Center for Racial Equity, as other employers—including Boeing, Ford, and JPMorgan Chase—have also begun backing away from their DEI policies.
Boeing union workers, in their seventh week of a strike, are seeking higher wages along with the restoration of the company's pension plan, which has been frozen since 2014.
New research findings raise an important question for employers: Are your retirement plans truly supporting your employees, or are they costing them more than they should?
The average employer-sponsored premium for U.S. families rose 7% this year—the same amount as last year, according to an annual KFF survey of 2,100 companies.
The firm mismanaged its $3.4 billion 401(k) plan by overpaying for administrative services and misusing money forfeited by former employees, the class-action lawsuit alleges.
BofA employees filed a lawsuit last week alleging that the company mismanaged its 401(k) plan by using assets forfeited by former workers for its own financial benefit.