Understanding Your Health Benefits

A Brief History Already under scrutiny, when the Studebaker Car Manufacturing company closed and couldn’t fulfill its pension promises to its thousands of employees during the 1960s, the event was a catalyst for citizens and politicians alike to demand pension reform. Enacted and signed into law by President Ford on Labor Day 1974, the Employee…

Employee Group Benefit Basics

What are employee group benefits? Between the years 1930 to 1950, in response to Labor Unions’ demands for better wages and working conditions, U.S. companies and the unions negotiated the employee benefits which are commonly found today in ‘both union and non-union companies.’ Much like today, employers used wages to compete for the best talent…