News

Demand was strongest in the South, followed by the Midwest, West and East.

Forty-three percent of employees surveyed say they have witnessed favoritism in promotions or raises.

Shortly after the Supreme Court ruled on behalf of employees in the Cornell University excessive fees case, now comes a similar suit filed by Stifel employees over its profit sharing 401(k) plan.

Since there have been more than 50 similar 401(k) forfeiture lawsuits filed recently, the Department of Labor has weighed in on the HP lawsuit, now on appeal: “A fiduciary’s use of forfeited employer contributions … alleged in this [HP] case … would not violate ERISA.”

The news comes as the administration is pushing for pharmaceutical manufacturers reshore drug production in the United States.

About 60% of employees said their benefits package makes them more inclined to stay with their current employer.