Reader Responses November 1, 2001

SURVEY SAYS: Web Site Results

January 11, 2001 - It doesn't seem to matter how much time you spend on the Web - the reader-respondents to yesterday's survey contributed a few sites that we hadn't stumbled across (yet). The diversity of readers and workers made tabulation a bit of a challenge - but we were gratified to find www.PlanSponsor.com a popular response, and we're sure http://www.benefitslink.com Dave Baker will be similarly gratified at the well-deserved frequency of citation of his site. Others frequently cited included www.ebri.org (employee benefits research institute), http://www.shrm.org (society of human resource management), http://www.freeerisa.com and www.morningstar.com .
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If you’ve got an interest in employer stock, stock options or stock purchase plans, you might want to check out: www.mystockoptions.com , http://www.naspp.com (national association of stock purchase plan professionals) or www.mycriticalcapital.com . One reader suggested www.oanda.com , a source of FX information, while another offered http://pacific.commerce.ubc.ca/xr/ .

Readers made frequent use of search engines, including www.ask.com , www.google.com , www.yahoo.com , and www.ragingsearch.com .

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Several cited the DOL ( www.dol.gov ) and IRS sites (and don’t forget the new cross-agency search engine, http://www.firstgov.gov/ ).

Readers gleaned market/stock information from http://www.smartmoney.com , www.cnn.com , www.bloomberg.com , www.ceoexpress.com , www.moneycentral.com and www.finance.yahoo.com .

Looking for a lost participant (or school chum)? Readers suggested www.theultimates.com/white/ , www.switchboard.com , while directionally challenged ones noted http://www.mapquest.com and www.maps.yahoo.com .

A little off the beaten path perhaps were: www.badpuns.com , www.bored.com , www.do-not-sleep.com , www.ishouldbeworking.com .

Check ’em out folks – once again, thanks to all who participated in our survey!

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Benefits October 31, 2001

Dot.com Job Cuts Spike in October

October 31, 2001(PLANSPONSOR.com) - Some 4,849 jobs in the dot.com sector fell under the axe in October, many of them in the travel industry, according to a report by outplacement firm Challenger Gray and Christmas.
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Breaking down October’s numbers further, Challenger reports that:

  • consumer service firms cut 2,055 jobs,
  • technology firms trimmed payrolls by 1,140, while
  • professional services companies eliminated 1,001 jobs

The October figure, which represents a 62% increase on September?s number, was inflated by fallout from the September 11 terrorist attacks on New York City and Washington DC.

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Although the October increase is the first in monthly work force reductions in five months, the figure is still below the 5,677 jobs cut in October last year.

Year to date, the number of dot.com jobs cut now totals 95,621, more than quadruple the 21,966 cut in the first ten months of last year.

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