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10 Best HRMS Softwares in 2020: For Small & Medium Enterprises

Vantage Circle

Irrespective of organization size, managing a workforce is an immense task that will be even harder without the right tools. In order to deal with this, companies are investing in HRMS systems to look into different aspects related to the day-to-day activities of the enterprise. The Top 10 HRMS Softwares. Mobile App.

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Financial Wellness: Employers Enhance DC Retirement Plans to Improve Employees’ Financial Security

HR Daily Advisor

With concerns mounting that employees aren’t saving enough for retirement, U.S. employers are making significant enhancements to their defined contribution (DC) plans, now considered the main retirement savings vehicle for most working Americans, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company.

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Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  The average quit rate increased each year from 2009 – 2019. 

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Retirement Savings Plague Workers Who Are Fearful They’ll be Working Past 70

HR Daily Advisor

However, a new CareerBuilder survey highlights employees’ concerns over whether or not they have enough saved for retirement, hindering plans to retire at the typical age of 65. workers are still pumping the brakes on their retirement plans. Though the economy is improving, many U.S. private sector.

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Setting Their Sights on Retirement

HRExecutive

If you think millennials aren’t concerned about retirement, think again. On Tuesday, Willis Towers Watson released a survey that found six in 10 millennials are willing to sacrifice pay for more secure retirement benefits. This compares to roughly four in 10 in 2009.). It began rolling out the platform earlier this year.).

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PlanSource Partners with The Standard to Enhance the Benefits Experience

PlanSource

March 5, 2020 – PlanSource , a leading provider of benefits software, announced that Standard Insurance Company ( The Standard ) will join PlanSource Boost, a program created to enhance the benefits experience through optimized benefits shopping, simplified billing, preferred pricing and integrations that provide a real-time customer experience.

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Gender Plays Vital Role in How Workers Are Saving for Retirement, Finds Willis Towers Watson

HR Daily Advisor

However, a new survey shows that gender plays an important part in how workers are saving for retirement and securing their financial freedom. Saving for retirement is a significant challenge for the vast majority of working Americans,” said Shane Bartling, senior consultant, Willis Towers Watson—in a press release.