Posts Tagged corporations

Retirement Heist: How Corporations Plunder and Profit from the Nest-Eggs of American Workers

Posted by admin on Monday, 26 July, 2010
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An award-winning journalist exposes how corporations manipulate retirement plans for their benefit It's no secret that hundreds of companies, from GM to IBM, have been slashing pensions and health coverage for millions of retirees. Employers blame an aging workforce, global competition, and spiraling costs. But the so-called retirement crisis is [Read More]
Category: Retirement Planning   , , , , , , , ,
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How many jobs are baby boomers losing out on because employers have to offer health insurance?

Posted by admin on Thursday, 1 July, 2010

My Boomer Tips

In many corporations there is a hiring bias in favor of the young and inexperienced. But the employers have to take into consideration the costs of health insurance, and if their employees are overwhelmingly in their 20's and 30's, then they are able to negotiate for better rates with the insurance companies.

If job seekers were given the option to forgo employee health insurance, wouldn't that open up a lot more higher paid opportunities for older workers?

Category: Baby Boomers   , , , , , , ,
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