The value of employees defined contribution (DC) pensions have plummeted by 157 billion over the last year, according to Aon Consulting.
Yesterday the jobs market took another massive battering with the announcement of more than 3,200 redundancies across the manufacturing and financial sectors.
Menzies, the accountancy firm, has launched an HR consultancy to provide advice to employers and the initiative will be spearheaded by the company's own HR director.
Fifty-five companies including Beaverbrooks the Jewellers, Nando's, Pannone and Office Angels achieved three stars in the 2009 Best Companies to Work For survey.
The UKs largest trade union has called for huge City bonuses to be taxed.
Employees have ditched teamwork in order to protect their own projects and contacts as the recession deepens
More than two fifths (42%) of managers in the UK and Ireland find coaching employees to be too time-consuming.
Aramark has taken steps to improve the work-life balance of its senior management by coaching them in how to balance parenting with the demands of working life.
The Recruitment and Employment Confederation (REC) has recommended equal treatment of agency workers should extend only to basic salary and other basic statutory rights.