Corporations in almost every industry are in the process of trying to cut costs to help deal with the economic downturn brought on by the Coronavirus. The pandemic has taken a toll on the entire economy and companies need to take drastic measures in order to stay afloat. AT&T, for example, has expressed a goal
Merck has taken a hit in terms of 2nd quarter profits after seeing a boost in the first quarter. According to The San Diego Union-Tribune, Merck announced that 2020 prescription drug sales will drop by about $1.7 billion. The pandemic is actually hurting Merck because many patients with chronic conditions have been kept away from
As a recruiter who has placed people at many fortune 500 companies, I’ve seen first hand what corporations choose to prioritize in a recession. A few months ago the Coronavirus crisis ravaged the American economy, and ever since Fortune 500 companies have been scrambling to protect their dividends and keep their shareholders happy. Merck, like
1. Life After Merck: Surviving a Bear Market In Retirement Anyone retiring right now has the unfortunate luck of finding themselves caught in a bear market. Many of my Merck clients have been reaching out to me, as they’re concerned about losing their nest egg if the market doesn’t turn around. It can be difficult
As stated in your Merck SPD, Annual enrollment for your Merck benefits usually occurs each fall (Ex. Oct. 24 – Nov. 15, 2019.). Before it begins, you will be mailed enrollment materials and an upfront confirmation statement reflecting your benefits coverage to the address on file. You’ll find enrollment instructions and information about your benefit
Just like everyone else I have been thinking a lot about health and family in the past couple weeks. With the current health scare it is important to look out for those who matter most to us. Many of my Merck clients have reached out and asked me about what they should do if anything
As a recruiter, many of my clients ask me if they should continue to work in Retirement. Obviously that is their decision to make but there are a lot of benefits to working in retirement which people generally overlook. These benefits can be broken down into emotional and financial benefits, let’s start with the financial.