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Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says

HR Daily Advisor

Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. The interim update by Milliman compared changes in estimated funding levels at U.S.

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How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

After the 2008 recession, the trade deficit skyrocketed and the number of blue-collar workers fell from 24.6 As more workers migrated to white-collar jobs, and seasoned professionals move closer to retirement, the entire manufacturing sector faces an unprecedented number of missing laborers. In 1970, blue-collar jobs in the US were 31.2

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Why Are Companies Turning to Older Workers? Should You?

AvilarHR

Not so long ago, most people worked until the age of 62 or 65 before retiring to fill their days with family, travel and recreation. However, while no one was looking, the rules of retirement changed! At the same time, employers are starting to shift their views. Roughly 10,000 Baby Boomers retire each day.

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Retirement Planning: The Gender Gap Persists

HRExecutive

A quick search of our website, using the terms “women” and “retirement,” brings back an article from August 2008 that describes retirement planning as “a nightmare for many women.”. In examining the retirement saving and investing behaviors of roughly 3.5 In other words, the story remains largely the same. percent).

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Highest Employer-Sponsored Retirement Participant Deferral Rate Reached in 2017

HR Daily Advisor

Automated features now standard for most employer-sponsored retirement plans helped bring about a record 8.3-percent Rowe Price study. The rise in employee deferral amounts perpetuates a trend started in the years after the 2008 financial crisis. Source: c-George / iStock / Getty. Rowe Price said. Employer Contributions.

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6 Effective Tips & Resources to Help HR Prepare for a Recession

Bonusly

According to a Gartner research report on planning for economic uncertainty,organizations that anticipated the future and developed comprehensive action plans before the turns (2008-09 recession), were rewarded with sustained advantage over their competitors over the last eight years. Evaluate expenses carefully. 23% higher profitability.

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Why Job Hopping Hurts Your Retirement

TalentCulture

Any step taken in haste may as well translate into a difficult post-retirement phase with very little savings to fall back on to meet your essential daily and old-age health and other expenses. It has been established now that frequent job-changes have a debilitating impact on retirement savings. Plan your retirement well in advance.