article thumbnail

Mastering Tomorrow: An Introduction to Executive Retirement Plans

Astron Solutions

provides a thorough introduction to executive retirement plans. Executive Retirement Plans are a valuable tool in creating a customized compensation package for an individual. Standard retirement plans may not always cater to the unique needs and expectations of high-ranking executives. Astronology® guest writer, DJ Schlegel Jr.

article thumbnail

Job Candidate Compensation and Benefits

ExactHire

Let’s discuss some statistics and strategies that an organization can analyze in the quest to hire and retain talent. Electricity up 12% (largest increase since 2006). Employees are on edge as they seek to pay bills and save for retirement. Recently, I wrote a post reflecting on content from the HR Indiana SHRM conference.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Best Compensation Tools 2022 in HRM

HR Lineup

Flexible Retirement Planner. The Flexible Retirement Planner is a financial planning tool that is powered by Monte Carlo Simulation. Random Walk Ventures LLC is responsible for the original creation of the planner in 2006. This resource focuses on making retirement planning as easy as possible. Merces Consulting Group.

article thumbnail

Breaking down the difference between a Traditional and Roth 401(k)

Guideline

When it comes to planning for your retirement, there’s a lot to look forward to — travel, relaxation, developing new hobbies, sharing time with loved ones. This means that the IRS will tax these funds, including all gains and earnings, when the individual receives a distribution (or withdraws funds in retirement) from the plan.

article thumbnail

Predicting Employee Turnover using R

Analytics in HR

Traditional approaches such as employee engagement surveys and proper training for managers are important components of a good workforce planning strategy. Now that ‘big data’ has arrived, the insights it provides are becoming an increasingly valuable part of that strategy. library (tidyr) # data tidying (e.g., Modeling — Terminations.

article thumbnail

How to Support Employees As They Face Rising Inflation

Great Place to Work

Great Place to Work® analyzed data from companies before, during and after the Great Recession of 2007–2009, spanning 15 years from 2006 to 2021. For PwC, that investment has meant looking at flexible work, mental health resources, expanded parental leave and financial aid around retirement and student loan debt. Spotlight on DEIB.

How To 97
article thumbnail

What is the SECURE Act?

Abel HR

Add to that the more significant number of people who want to continue working after the retirement age. This, and many other factors, has paved the way for an upgrade in the US’s retirement system. This legislation should interest individuals and employers as it can impact both financial planning and retirement.