Sour Economy Prompting Reviews of Compensation and Incentive Programs

The downturn in the economy is forcing most companies to take a hard look at their compensation and incentive programs to find ways to cut costs. For many employees, reductions in bonuses and merit pay increases are in the works, according to a Towers Perrin survey of HR executives.

Obama Health Care Reform Plan Raises Host of Questions for Employers

Companies are looking beyond Inauguration Day on January 20 for clues about what role employers will have if health care reform is enacted under an Obama administration. But at this point there seem to be as many questions as there are answers.

HR Outsourcing: Striking the Right Balance

When it comes to HR outsourcing, large companies typically wrestle with how much they should do on their own before turning over their processes and systems to the vendor. There are two main schools of thought. Both were assessed in a Towers Perrin Webcast on the current state of HR outsourcing effectiveness.

Global News Briefs  

Argentina:

• Government Seeks to Take Over Privatized Social Security Funds

• Legislation May Impact Payouts for Retirement Indemnities

• Government Pushes to Meet Deadline for Conversion of Pension Plans

• Massachusetts Releases Guidance on MCC Standards
• California Voters Approve Ban on Same-Sex Marriages
• New Rules for 403(b) Plans Begin January 1
• Final FMLA Regulations Issued
• IRS Releases Proposed Rules on Notice of Right to Defer Distribution