Lost Pension Plan: A Hot-Button Issue for Striking Workers
Boeing union workers, in their seventh week of a strike, are seeking higher wages along with the restoration of the company’s pension plan, which has been frozen since 2014.
Job seekers place a high premium on benefits such as retirement plans, parental leave and yes, free food, when evaluating opportunities. In fact, 60 percent consider benefits and perks among their top considerations, according to a recent survey by Glassdoor.
This survey took a fresh approach by quantifying the quality of benefits—not simply their availability—by industry.
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Boeing union workers, in their seventh week of a strike, are seeking higher wages along with the restoration of the company’s pension plan, which has been frozen since 2014.
New research findings raise an important question for employers: Are your retirement plans truly supporting your employees, or are they costing them more than they should?
Retirement plans were a hot button issue for union workers, but Boeing says pension plans are “prohibitively expensive.”
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