President Joe Biden’s nominee for assistant secretary of labor for the Employee Benefits Security Administration, Lisa Gomez, has deep experience in labor issues.
A higher salary might not be as effective to attract recruits as providing generous benefits, such as larger employer matching contributions in retirement plans, Hub suggests.
Large and small employers might consider the potential to broaden retirement plan coverage through the benefits of new plan designs that share responsibility with third-party entities, according to a new issue brief.
Teal N. Trujillo Labor & Employment Attorney McDermott Will & Emery Chicago, IL focusing on employee benefits and executive compensation matters for public and private companies.