Business Services Industry
Twist to defined benefit come back.
Australasian Business Intelligence, April, 2006
Apr 20, 2006 (Financial Planning - ABIX via COMTEX) -- Mercer Human Resources Consulting has put forward a proposal for a new type of retirement plan. According to Mercer, the Retirement Share Plan combines the best features of defined benefit plans and defined contribution plans. Mercer notes that many companies have moved away from defined benefit plans in favour of defined contributions plans for their employees due to the perceived risks of defined benefit plans, but it claims that the risk is just "shifted to the individual" by adopting defined contributions plans. Mercer says its Retirement Share Plan offers a much more effective mechanism for risk allocation.
Publication Date: April 2006
MERCER HUMAN RESOURCE CONSULTING LLC
All...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
