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U.S. companies that reinstate 401(k) retirement benefits as the economy improves may tie matching funds to company profits, a Watson Wyatt survey said.
More U.S. companies have frozen their workers' pension plans this year than in all of 2008, a human resources research group said.
A bill to support U.S. employee pension plans would find resistance among employers if it mandated benefit contributions, a trade association director said.
U.S. employers indicate confidence in their ability to provide healthcare benefits in the future has dropped, the consulting firm Watson Wyatt said.
U.S. pension plans fell behind by more than $200 billion in 2008 and by another $54 billion in February, studies show.
Surveys of U.S. businesses show that all manner of pay increases are expected to decrease in the next 12 months.
The list of U.S. companies suspending contributions to employee retirement accounts will likely grow, a survey of companies revealed.
Lobbying efforts have begun by cash-strapped major Canadian companies for federal relief from pension obligations, executives said.
Employee well-being is dependent upon the rank of an individual's wage in a group, as opposed to the individual's absolute pay, British researchers say.
Even the insured are being squeezed by escalating healthcare costs in the United States, data show.
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