Companies' Cost-Cutting Plans Slow
Companies' cost-cutting plans for the next 12 months have decreased across the board. Most companies surveyed are planning no further hiring freezes, organizational restructuring changes or layoffs.
Pension Plan Funding Plunged in 2008
A Watson Wyatt analysis of pension disclosures for the 100 largest U.S. pension sponsors has found that aggregate funding fell by $303 billion last year, going from an $86 billion surplus at the end of 2007 to a $217 billion deficit at the end of 2008.
A number of bills pending in the Congress could affect the management of human capital in all U.S. organizations. While only one of the three has already passed, employers can begin taking steps to prepare for the changes that would be required in their organizations under all of the new and proposed legislation.
Today's workforce is complex. It includes three generations of workers with differing needs and motivations, and an increasingly global employee base. Building, engaging and maintaining such a workforce is a challenge best addressed in a holistic, strategic fashion.
ideas and research
The Changing Investment World
Watson Wyatt’s new global head of investment consulting discusses how markets are changing, and how pension funds can make the most of it. Read the
Pensions & Investments interview with Carl Hess.