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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? And, every year, that percentage automatically increases unless the employee intervenes to make changes.

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The A to Z Explanation About Phantom Stocks

Vantage Circle

The idea of phantom stock plans is to mimic the value of a share to an employee without actually handing over the shares. Phantom stock plans, also known as equity compensation plans, equity pay plans, stock bonus plans, or phantom equity plans, are a form of employee stock option plan (ESOP). Types of Phantom Stock.

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Top 5 HR Challenges to Overcome in 2022

Empuls

Generous unemployment benefits may have also contributed. Companies like McDonald’s, Costco, and Amazon, increased wages to address these recruitment challenges, and many others offer significant signing bonuses. SHRM surveys show that 50% of employees in North America are planning to quit and look for a new job by 2022.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

"Total rewards" is a broad term for an organization's total employee-related costs. It includes the money paid to employees in wages, salaries, bonuses, perks, and other intangible benefits. In short, total rewards are defined as "the sum of all rewards provided by a company to its employees."

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How to Retain Young Talent in a Job-Hopping Culture

ACI Specialty Benefits

Providing support for student loan repayment, new baby bonuses, housing stipends, consultation for investments, and financial planning services will all help your employees live better lives—and have peace of mind at work. Foster Employee Growth.

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10 People Sustainability Strategies for Your Business

Vantage Circle

So, let's delve deep on how you can cultivate a culture of people sustainability that nurtures growth and development for you and your employees. A study suggests that, By 2025, ESG assets are expected to surpass $53 trillion, accounting for more than one-third of the projected $140.5 trillion in total assets under management.

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How Employee Perks Can Help Companies in the US

Vantage Circle

Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities.