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Retirement benefits helping employers attract and retain new workers, Towers Watson survey finds

December 10th, 2010

Retirement benefits — especially defined benefit (DB) programs — are giving employers an added advantage when it comes to attracting and retaining new employees, according to a survey of US workers conducted by global professional services company Towers Watson.
The survey of more than 3,000 employees, conducted in May and June of 2010, found that 60 [Read more...]

Battle between Wisconsin governor-elect and unions intensifies; U.S. – Korea Free Trade Agreement attacked

December 10th, 2010

The battle between Wisconsin Governor-elect Scott Walker and that state’s public unions has intensified over the last several days, with Walker threatening to decertify the unions if they fail to agree to pay more for their members’ health care and pensions. According to published reports, Walker says requiring state workers to make a five percent [Read more...]

Key Republican reaffirms opposition to PSEECA on day of possible cloture vote

December 9th, 2010

US Senator Mike Enzi (R-Wyo), the Ranking Member of the Senate Health, Education, Labor and Pensions (HELP) Committee, reaffirmed his staunch opposition to S. 3991, the Public Safety Employer-Employee Cooperation Act (PSEECA), a bill that would grant collective bargaining rights to first responders. Enzi said that the bill would “impose enormous unfunded mandates on local [Read more...]

Deloitte says unexpected global skill shortages threaten corporate growth and innovation

December 9th, 2010

High unemployment rates in both the United States and in some global markets have not created the talent surplus that many organizations and business leaders would have expected, according to a new survey released today by Deloitte and Forbes Insights. In fact, the quest for talent in global and emerging markets is the leading concern [Read more...]

Kos Pharmaceuticals agrees to pay $38 million to settle FCA allegations; whistleblowers will receive payment of over $6.4 million

December 8th, 2010

The DOJ announced that Kos Pharmaceuticals, a subsidiary of Abbott Laboratories, has agreed to pay more than $41 million to resolve criminal and civil liability arising from conduct relating to its drugs Advicor and Niaspan. $38 million of that amount goes to settle civil allegations of kickbacks and off-label promotion under the False Claims Act. [Read more...]