A ‘super' retirement
401(k) changes aim to lure, keep employees in tight market

 
By Don Mecoy
Published: January 23, 2008

For major energy firms, finding and retaining qualified employees is almost as challenging — and important — as finding and producing oil and natural gas.

Devon Energy Corp. this month launched a radically different retirement benefits plan designed to lure and keep new employees in an extremely tight labor market.

"In the energy industry, everybody's trying to retain or steal employees,” ...


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