06/05/2009
The cost of retirement benefits are one of the flies in the ointment of Chrysler’s plan to close eight plants—including its Twinsburg, Ohio, stamping facility. To help cut long-term expenses, the bankrupt company plans to offer lump-sum buyout payments to some members of the United Auto Workers.
06/05/2009
President Obama has said he wants to “make government cool again.” His latest attempt: The federal government’s HR directors are studying a plan to boost the starting pay of college grads by a cool $8,000 a year—to $41,210.