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Recent WorkPosts

Which Retirement Personality Fits You?

Posted on 06/6/2014 by |Money and Work | Comments

Bulletin Today | WorkThe notion of retirement, in which decades are devoted solely to leisurely pursuits, is evolving. In the future we’ll be hard-pressed to find older folks perpetually lazing on the beach, taking up their days with golf or tennis, or lounging around the house. Instead, most retirees will be working. At least, that’s one of the findings from a new Merrill Lynch/Bank of America survey of 7,078 people, including 1,856 working retirees and about 5,000 who are nearing retirement or retired …

Some Retirees Regret Taking Social Security Early

Posted on 06/5/2014 by |Money and Work | Comments

Bulletin Today | Money & Savings | WorkDeciding when to take Social Security is one of the most important retirement planning decisions people make — and many retirees say they got it wrong. As many as 38 percent of 573 retirees surveyed by the Nationwide Financial Retirement Institute, a unit of Nationwide Mutual Insurance, say they regret taking their benefit early, which locked in their lower monthly payment for life, and wish they had waited. When you look at the differences in their monthly payout, you can understand their remorse. Those …

Come to AARP’s Free Online Career Fair June 3

Posted on 05/29/2014 by |Online Executive Producer | Comments

WorkAARP is holding a free virtual career fair on June 3 from 10 a.m. to 7 p.m. ET that can help put you in touch with companies that are hiring. Job search advice will also be available. The AARP Real Possibilities Virtual Career Fair will feature employers that have signed the Life Reimagined for Work pledge, which says they value experienced workers. Companies scheduled to participate include Abt Associates, AlliedBarton, American Red Cross, AT&T, BB&T Bank, Blue Buffalo Ltd., Coconino County (Ariz.), Elite Senior Home …

Can an Employer Make You Agree Not to Sue for Age Bias?

Posted on 05/28/2014 by |Legal Grounds | Comments

WorkMost employers realize that age is not a legal – or valid – reason to terminate an employee. That doesn’t stop some companies from trying to circumvent the federal Age Discrimination in Employment Act (ADEA) by asking terminated employees to sign waivers that promise never to sue for age discrimination. That’s what happened to Robert Fisk, an underground miner for Colorado’s Mountain Coal Co. Laying off Fisk, an eight-year employee, in 2009, MCC required him to sign a waiver to …

Judge’s Surprise Ruling on Age Discrimination

Posted on 05/22/2014 by |Legal Grounds | Comments

Bulletin Today | WorkImagine that you are terminated from your job. You’re in your 60s. You know that it’s going to be hard to find new work. You consider filing an age-discrimination complaint. But your employer says that it’s just eliminating your position, not discriminating against you because of your age. That means your employer is acting legally, right? Well, maybe not, a federal appeals court ruled last month. In 2011, James Pierson was fired from his job as facilities manager at the …

Firing of Times Editor Fuels Equal Pay Debate

Posted on 05/16/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & Savings | WorkThe abrupt firing this week of Jill Abramson, the first female executive editor of the New York Times, once again puts a spotlight on unequal pay between men and women doing similar jobs, as details continue to leak. The New Yorker’s Ken Auletta provided some Times salary numbers. When Abramson became executive editor in 2011, her salary was $475,000, or $84,000 less than her male predecessor’s pay that year, Auletta reports.  Also, during the three years she served as Washington bureau chief, she made $100,000 …