CFOs and benefits professionals can only do so much to influence employees to invest in a company 401(k) plan. So-called influencers are often needed to spur folks to enroll or up their contributions so they're not caught flat-footed in retirement.…
Benefits
Employer health insurance plan costs are set to spike for next year. All the experts are in agreement on that point. The only question is just how much higher coverage will cost. Employee benefits consulting firms Mercer and Willis Towers…
Environmental, social and governance (ESG) ratings of companies was never as popular as many in the media made it out to be. And the more the public and investors come to learn about ESG, the less they like it. CEOs…
Could it be time for a review of your employee severance agreements? Right now Twitter's experiencing major pitfalls from having them, thanks to a class action lawsuit accusing it of violating its own severance policy. Laid-off workers are claiming the…
Year after year, surveys show about half of all employees don't tap their allotted personal time off (PTO). While some companies allow for pushing a generous number of hours to the following year, foregoing time away isn't the best scenario…
Employee experience - including employee mental health - has become a higher priority for many organizations, according to research by Gartner. The Great Resignation that was triggered by the pandemic resulted in companies competing to deliver a best-in-class employee experience…
If your company's employees are like most, they'd score a big fat F on a financial literacy test. Every year, the Teachers Insurance and Annuity Association of America (TIAA) and the Global Financial Literacy Excellence Center (GFLEC) quiz working adults…
Earned wage access, also known as on-demand pay, is being leveraged by your peers as a key recruitment and retention tool for workers who may be strapped for cash right now because of the high prices of gas, energy bills…
Although Congress isn't famous for cooperation, there was enough bipartisan support for the Secure 2.0 Act of 2022 (pages 817-946 of the Consolidated Appropriations Act of 2023) to get it signed into law. The intent is to make it more…
Now that you have a feel for what positions at your firm should be hybrid, you might be considering giving employees the ultimate work schedule flexibility - the ability to autonomously choose the days and hours that they work. Many…
There's no need to panic if you or one of your staffers discover they've made mistakes with your company's 401(k) plan. No one is going to jail, and in almost every case you won't be paying a penalty, so long as…
More than half of employees say they'd like to receive a financial reward of some kind as the Christmas and New Year's holidays near. The reality is, many won't be seeing a bonus of any kind as employers tighten their…
