Released: June 15, 2008
Starting your first job?
Source: Ron Lieber, New York Times (Free Registration)
To the hundreds of thousands of young people who have landed entry-level jobs that come with health insurance and a retirement plan, I offer my congratulations. Things are tough out there right now, so you must be doing something right.
To the employers who are about to put them to work, however, I urge you to take another look at the pile of employee manuals that detail all your fabulous benefits. They’re boring. They’re confusing. And they start in the middle instead of defining things from the beginning.
Benefits administrators, from health insurance companies to 401(k) providers, are trying to help improve the situation, but most employers still have a long way to go.
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