March 15, 2023
Via: SHRMStatistically, you will likely change jobs several times before retiring. In fact, a Pew Research survey estimated that 30% of American workers changed jobs in 2022 alone, most for higher pay. But doing so can be treacherous for your ability […]
Development & Evaluation, Employee retention
February 23, 2023
Via: HR HeroThe Biden administration recently pulled back some previous investing restrictions companies tied to. Now, businesses can look at the environmental and social implications of investing in a particular fund, choosing whether or not to put money into areas such as […]
February 9, 2023
Via: HR HeroAccording to new data from Conduent, 43% of eligible employees don’t participate in a health savings accounts (HSA). 57% of those who make an HSA contribution don’t capture the full benefit, with an average contribution of less than $500, which […]
December 20, 2022
Via: Personnel TodayMany people aged 50-65 who left or lost their jobs since Covid-19 hit want to return to the workplace, with money being their main motivator, according to analysis by the Office for National Statistics. Their reasons for not yet having […]
Development & Evaluation, Engagement
November 29, 2022
Via: HR HeroBurnout, anxiety, unexpected retirement, quit quitting—how often do we hear these words? Is something wrong with our workplace today? Or maybe it’s that people are giving up on achieving big things. How do we prevent these from happening? A McKinsey […]
Development & Evaluation, Employee retention
September 7, 2022
Via: HR HeroOn August 9, 2022, Serena Williams, the undeniable G.O.A.T., said “Farewell to Tennis On Her Own Terms—And in Her Own Words,” in an emotionally riveting article for Vogue magazine. In the article, Serena recounts a precious story of her five-year […]
Development & Evaluation, Engagement
July 27, 2022
Via: HR HeroThe shift to remote work has created added flexibility and independence among workers, and many are increasingly looking for side gigs to supplement their incomes and stimulate their interests and passions. This trend has contributed to what’s being called “career […]
June 1, 2022
Via: SHRMAn employee’s assertions that a company is racist and that HR made comments about the employee’s retirement plans were insufficient to establish race and age discrimination when the employer provided evidence of its ongoing concerns about the employee’s behavior, the […]
Development & Evaluation, Employee retention
May 18, 2022
Via: Personnel TodayAlthough the number of people on the Nursing and Midwifery Council (NMC) register rose by 26,403 to a record 758,303 in the year to 31 March 2022, some 27,133 left the register. This was an increase of 13%, reversing a […]
Development & Evaluation, Research
May 9, 2022
Via: Personnel TodayWorking Wise, which offers employment advice for older workers looking for flexibility and an improved work-life balance, found that 53% of women felt their pension pot was not sufficient enought to enable them to be financially independent. The survey was […]
Development & Evaluation, Engagement
April 25, 2022
Via: Personnel TodayHowever, this is offset by the fact many of these roles are lower-skilled and lower-paid, the think tank said. Its analysis of job data from Adzuna, combined with information from the government’s Labour Force Survey, shows that the mix of […]
March 29, 2022
Via: SHRMThe last two years have broken records for fiduciary litigation against retirement plan sponsors. Since 2020, there have been more than 200 new class-action lawsuits brought under the Employee Retirement and Income Security Act (ERISA) and more than 100 new […]
December 29, 2021
Via: SparkWhen it comes to helping employees with their financial plans, HR specialists should focus on both financial well-being and financial stability. While the two terms might sound the same, they cover two separate and important areas. Here is a breakdown […]
December 23, 2021
Via: EntrepreneurIf you leave a job or retire, you’re often encouraged to roll over your 401(k) or other workplace retirement account into an individual retirement account. That might not be the right move. Workplace plans have rules that can protect you […]
March 1, 2021
Via: HR HeroThe short-term financial impact of COVID-19 has been swift and damaging to many Americans. While we can’t yet calculate the long-term impact, early indications present a serious financial strain on future retirees’ retirement. We know that COVID-19 has increased the […]
January 20, 2021
Via: SHRMThe new guidance “reflects our ongoing commitment to help plan fiduciaries ensure that their plan participants and beneficiaries receive the retirement benefits that they worked so hard to earn,” said Jeanne Klinefelter Wilson, principal deputy assistant secretary of labor for […]
January 7, 2021
Via: HR HeroThe COVID-19 pandemic has led to “shelter-at-home” proclamations from state and local governments, causing many nonessential businesses to shut down temporarily. Employers have handled the crisis in varying ways, some by temporarily paying employees to stay home, others by laying […]
November 16, 2020
Via: SHRMAn incoming administration headed by President-elect Joe Biden is expected to differ from President Donald Trump’s approach to regulating employer-sponsored retirement plans. Under the Trump administration, “we saw a walk back of a lot of the Obama-era government regulations,” said […]
Development & Evaluation, Employee development
November 4, 2020
Via: HR HeroFlexible spending accounts (FSAs) and health savings accounts (HSAs) are important tools for the more than 70 million people who currently use these accounts to pay for out-of-pocket healthcare expenses or save for healthcare needs in retirement, all while reducing […]
September 25, 2020
Via: HR HeroIf your organization offers any type of retirement benefit, perhaps you’re already familiar with the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. The majority of this legislation went into effect at the beginning of 2020 and […]