𝔖 Bobbio Scriptorium
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Henkel plans to capitalize on its traditional brands

Book ID
114376175
Publisher
Elsevier Science
Year
2007
Weight
48 KB
Volume
2007
Category
Article
ISSN
1351-4210

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Converting traditional pensions plans to
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Converting your firm's traditional pension plan to a cash balance plan will reduce pension expense. It will also help you attract younger, more mobile employees, since the plan is portable. But you'll be penalizing older employees for their loyalty to the company. Instead of receiving their traditio