One thing to keep in mind is that defined benefit plans are
Not what you're looking for?
One thing to keep in mind is that defined benefit plans are far less used today that they were in years past. In fact, the article in the link below indicates defined benefit plans may be on the way out or at least severely reduced in the coming years.
http://www.forbes.com/2009/06/22/pension-plans-economy-business-oxford-analytica.html
What are your thoughts on this trend as an employee?
Purchase this Solution
Solution Summary
One thing to keep in mind is that defined benefit plans are far less used today that they were in years past. In fact, the article in the link below indicates defined benefit plans may be on the way out or at least severely reduced in the coming years.
http://www.forbes.com/2009/06/22/pension-plans-economy-business-oxford-analytica.html
What are your thoughts on this trend as an employee?
Solution Preview
As an employee, any reduction in benefits to me that were promised by an employer would be unsettling. This has been in the news for the past decade -- plans have been severely underfunded. What is even more unsettling to me is that while the plans at some of the world's biggest companies are underfunded, their executives' salaries ...
Purchase this Solution
Free BrainMass Quizzes
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Operations Management
This quiz tests a student's knowledge about Operations Management
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.