US firms with traditional pensions are facing a soaring costs, the Boston Globe reports.
A study by Towers Perrin has found that funding levels have dropped dramatically since the late 1990s and that the 'average' pension plan is now substantially underfunded.
"Rising pension costs over the last two years are now having a significant impact on corporate income statements," said Steven Kerstein, managing director of Towers Perrin's global retirement consulting practice.
How can women leaders break free from gendered perceptions? Professor Ginka Toegel’s new book challenges the narrative that female leaders lack confidence or that women need to "fix" themselves, arguing for a fundamental shift in how organisations recognise and reward competence.
Can we truly manage others without first understanding ourselves? This is the question at the heart of a book that takes an unconventional approach to management by drawing on the teachings of the teacher and philosopher, Jiddu Krishnamurti.
Max Mckeown's heavyweight new book draws from neuroscience, psychology and cultural evolution to develop a practical framework for human adaptability.
