08/07/2009
So many employees of Fox Kalomaski were taking leave for “beauty treatments” that the London-based advertising agency added an extra paid day off—and execs there call it “Botox leave.” The day off happens in December, says the managing director, who speculates employees need time to “make sure they’re looking their best for the Christmas party photos.”
08/07/2009
In a complicated settlement, the Pension Guaranty Benefit Corporation (PGBC) has assumed the pension obligations of auto parts manufacturer Delphi Corp., formerly owned by General Motors. Delphi, which recently closed plants in Ohio and other states, has been in bankruptcy the past four years. However, it has continued to make pension contributions.