CFO Publishing Corp.

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• Tipping Point for Cash-Balance Plans?

  BNET - 2006-04-18

  The cash-balance plan is a "Hybrid" that's re-emerging as a middle ground between defined-benefit and defined-contribution plans. Legally it's a DB plan (the employer, not the employee, takes on the financial risk of achieving a preset benefit), but it's structured like a DC plan (somewhat like a 401k, it features...

  Tags: CFO Publishing Corp., 401(k), Retirement Plans, Benefits, Payroll Solutions, Investment, Human Resources, Finance

• Finders Keepers: Turnover Is Expensive, Lowering It Doesn't Have to Be

  BNET - 2006-02-15

  Companies that experience high rates of employee turnover will likely find that it's not salary issues that cause workers to walk out the door. Instead, employees are looking for benefits, training, and flexibility. Not only do employers suffer lower productivity when there is a high turnover rate, but it's also...

  Tags: CFO Publishing Corp., Turnover, Benefits, Workforce Management, Payroll Solutions, Training And Certification, Human Resources

• Forgotten, But Not Gone: Freezing a Pension Plan Doesn't Make It Go Away

  BNET - 2006-02-15

  Pressure to freeze Defined-Benefit DB plans has been mounting. Freezing a pension plan is not as simple as closing the door to new benefits. The sponsor must continue to manage the assets to provide for retirees and for currently active employees who have accrued pension benefits. It also doesn't provide...

  Tags: CFO Publishing Corp., Pension Plan, Benefits, Payroll Solutions, Human Resources

• The Retirement Age: Baby Boomers Will Soon Be Leaving the Workforce in Droves, Are You Ready to Replace Them?

  BNET - 2006-02-15

  It's no secret that the 76 million Americans born between 1946 and 1964 - the baby boomers - have been driving cultural trends since their infancy, from rock 'n' roll to Rogaine to real estate. But the next boomer trend will likely have the biggest impact on Corporate America yet:...

  Tags: Retirement, Baby Boomer, CFO Publishing Corp., Workforce, Recruitment & Selection, Workforce Management, Payroll Solutions, Human Resources

• Drug Discount Peddlers

  BNET - 2005-10-28

  By gathering and automating huge amounts of pharmacy pricing data and making it widely known, Pharmacy Benefit Managers PBMs have certainly exerted a strong downward pressure on retail drug costs. And they have helped employer drug programs fit nicely into managed-care plans, bringing the co-payment features typical of health maintenance...

  Tags: Health Insurance, CFO Publishing Corp., Health Care, HMO, Healthcare, Benefits, Vertical Industries, Insurance, Pricing, Payroll Solutions, Human Resources, Enterprise Software, Software, Business Operations, Corporate Insurance, Marketing

• 'Opt-Out' Plaintiffs Settle With WorldCom

  BNET - 2005-10-19

  Five New York City public pension funds that did not join in the $6.1 billion WorldCom class-action settlement have settled their own lawsuits for a total of $78.9 million. The pension funds lost more than $200 million on WorldCom stock and bond investments after the company, now called MCI, filed...

  Tags: Pension Fund, CFO Publishing Corp., Bond, WorldCom Inc., Litigation, Benefits, Payroll Solutions, Investment, Business Operations, Human Resources, Finance

• Now for the Reckoning

  BNET - 2005-10-14

  The burden of legacy costs is heavily concentrated in older manufacturing firms with at least until recently large workforces and unions strong enough to negotiate generous retirement benefits. Those firms are thus at a big cost disadvantage both to their younger domestic rivals - Southwest, America's most successful airline, has...

  Tags: CFO Publishing Corp., Pension, Benefits, Payroll Solutions, Human Resources

• The Human-Capital Factor

  BNET - 2005-09-27

  Virtually all forms of IT have been designed to boost employee or corporate performance in some way, but the category called workforce productivity (also known as workforce optimization or human-capital management) is especially fertile. Vendors abound in all its subcategories, and while there has been a noticeable movement toward consolidation,...

  Tags: CFO Publishing Corp., Training, Workforce, Workforce Management, Recruitment & Selection, Payroll Solutions, Training And Certification, Human Resources

• Building a Better Workforce

  BNET - 2005-09-21

  Many aspects of the employer-employee relationship have changed - noticeably the assumption of guaranteed employment. But boredom and unhappiness have not gone out of style, nor have companies managed to achieve perfect alignment between corporate strategy and the day-to-day activities of their workers. There remains only a tenuous connection between...

  Tags: CFO Publishing Corp., Worker, Workforce, Recruitment & Selection, Workforce Management, Payroll Solutions, Human Resources

• Attention Shoppers: Consumer-Driven Health Plans Are Catching on Quickly, But Are They the Answer to Runaway Medical Costs?

  BNET - 2005-02-22

  Employees are leery of Consumer-Driven Health Plans. Physicians deride them. And critics say they pull cash out of a cash-starved system. None of this, however, is keeping employers from offering Consumer-Driven Health Plans CDHPs to workers. According to a survey conducted by Mercer Human Resource Consulting, 14 percent of large...

  Tags: CFO Publishing Corp., Payroll Solutions