Employment News
Benefits for Workers Have Shrunk Due to the Recession
By EmploymentCrossing | Dated: 06-29-2011
- The economy has not only affected the unemployment rate but also the employed. Many employees have seen their benefits cut or become non-existence, such as health benefits, savings benefits such as 401K’s and salary increases. The amount employers will donate to retirement has also greatly decreased as not only employees but employers have been hit hard.
We’ve Been Belted in Terms of Benefits, but There’s Some Good News
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