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. Helping employees with their long-term financial security has emerged as a very high priority for employers,” said Tammy Hughes, senior retirement consultant, Willis Towers Watson—in a press release.

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.).

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Where Knowledge Management Has Been and Where It Is Going- Part Three

Conversation Matters

More importantly, the people who solve technical problems can function within a known set of assumptions about how work gets done in the organization, as well as what kind of behaviors are needed to make that work happen. In 2009, 500 people working with social media in the U.S.

What Lengths Will People Go To Miss Work?

Reviewsnap

Well, that wasn''t enough to get her out of work because she was told she needed to bring back some sort of proof that she was at the funeral.

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

HR Daily Advisor

One of the most talked about HR trends of 2018 is financial wellness. 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.

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

HR Daily Advisor

Financial wellness continues to be one of the top priorities for workers of all ages. However, a new survey shows that gender plays an important part in how workers are saving for retirement and securing their financial freedom. rather than, ‘Is it important to save for retirement?’”.

The Power of the Conversation Architect to Address Complex, Adaptive Challenges

Conversation Matters

Examples of adaptive challenges are, organizations that have merged and now must create a new and joint culture; hospital systems faced with an interminable nursing shortage; the anticipated retirement of thousands of workers in the government sector; or companies that, in order to survive, must change from selling products to service.

Is your employer clueless about your needs?

45 Things

Helpful information and advice from Americas favorite workplace columnist About Anita Blog Books Syndicated Column Interviews Career Links Contact Monday, December 21, 2009 Is your employer clueless about your needs? December 21, 2009 3:53 PM Anita said. Anthony, Well said!

Will This Tough Job Market Change Generation Y?

45 Things

Helpful information and advice from Americas favorite workplace columnist About Anita Blog Books Syndicated Column Interviews Career Links Contact Tuesday, December 1, 2009 Will This Tough Job Market Change Generation Y? December 1, 2009 11:21 AM Bret Simmons said. Jonathan, Well said!

The Future of the Job Market is Not What You Might Think

Future of Work

The essential message is simple: as the Boomers retire, there is likely to be a huge shortage of talent in the United States (and no doubt in other countries as well). Just found out about a good article in The Futurist magazine about the future of the job market. In the current economy we’re all concerned about creating enough jobs to get back to something resembling full employment.

Is Stress Making You Want to Kiss Your Job Goodbye?

45 Things

Helpful information and advice from Americas favorite workplace columnist About Anita Blog Books Syndicated Column Interviews Career Links Contact Monday, June 1, 2009 Is Stress Making You Want to Kiss Your Job Goodbye? June 1, 2009 9:26 AM David Benjamin said.

There Are Only Two Kinds of Companies: The Quick and the Dead

Future of Work

We’ve been pleased at how well it’s been received, but we’ve also been frustrated at how few organizations seem to “get&# the message. We’ve been pointing all of our friends recently to a powerful article by Richard Florida that was just published in the March 2009 issue of Atlantic Magazine (&# How the Crash will Reshape America “). [This is the "Compass" article from the March issue of our Future of Work Agenda newsletter.

Medical Problems with no FMLA

Evil HR Lady

My mother is working part time for benefits until she retires. Well, you try doing it in a language your barely speak. Well, then, she can be fired for skipping work because they didn't approve a day off. Well, the best thing that can happen if she doesn't go to HR, is that her manager will just yell at her for taking the day off, unapproved. If she shows willingness to re-schedule her surgery, that might help as well.

Asking For Severance

Evil HR Lady

I know he personally is financially secure and I have no problem with that, but the $600 a year profit sharing isn't going to get me very far as a retirement fund. One of your big concerns is that the miniscule profit sharing program isn't helping your retirement. Well, I've got bad news for you: If you are already over paid any new job you find isn't going to come with fabulous profit sharing. I'll sign a general release as well.

Asking For Severance

Evil HR Lady

I know he personally is financially secure and I have no problem with that, but the $600 a year profit sharing isn't going to get me very far as a retirement fund. One of your big concerns is that the miniscule profit sharing program isn't helping your retirement. Well, I've got bad news for you: If you are already over paid any new job you find isn't going to come with fabulous profit sharing. I'll sign a general release as well.

Leave Me Alone

True Faith HR

By making enrollment in a 401(k) plan automatic, research found that greater retirement savings occurred than if employees simply opted-in. In such situations some people react by curling into a ball and thinking, well, err, I''ll do something else instead, like stare at the television or think about baseball. As the health care reform issue continues apace, the notion of a public option with an opt-out would have a significant impact on many employers'' benefits packages.

Ultraviolence

True Faith HR

funded phone survey of just over a thousand randomly selected retired N.F.L. Is the NFL Players Association doing a disservice to its rank-and-file by not taking greater effort to look out for the economic, let alone physical, well-being of its employees? In this week''s issue on The New Yorker , Malcolm Gladwell has a fascinating look at football, dogfighting and brain damage.

Medical Problems with no FMLA

Evil HR Lady

My mother is working part time for benefits until she retires. Well, you try doing it in a language your barely speak. Well, then, she can be fired for skipping work because they didn't approve a day off. Well, the best thing that can happen if she doesn't go to HR, is that her manager will just yell at her for taking the day off, unapproved. If she shows willingness to re-schedule her surgery, that might help as well.

Financial Wellness: 59% of Employees Say Stress of Finances Negatively Impacts Work Performance

HR Daily Advisor

The financial well-being of U.S. The number of employees who were satisfied with their financial situation had been improving steadily since 2009 when just a quarter were satisfied. Benefits employees retirement stress Willis Towers Watson

Putting Mental Well-being in a Better Place

HRExecutive

When it comes to thinking about mental health and well-being, organizations are woefully behind,” Purdy said. Mental wellness? Mental well-being? Behavioral well-being?”. Carr retired from the pharma company in 2014.). health health insurance wellness initiatives

5 Common Problems with Small Business Retirement Plans

Insperity

A retirement plan isn’t just for the benefit of your employees. A good retirement plan can spruce up your business and help you reel in those top-tier professionals. But if not chosen carefully, your retirement plan could be viewed as completely useless, becoming more of a burden than a benefit. Finding the right retirement plan is like finding the perfect pair of shoes. Here are just a few you may run into when it comes to setting up a retirement plan.

Making a ‘Financial’ Resolution for 2016

HRExecutive

Of those identifying saving as a top priority, nearly two-thirds (63 percent) preferred to set aside money for long-term goals such as college, retirement and healthcare—up from 57 percent in 2014. financial wellness retirement

Benefits of Reading Books: How It Can Positively Affect Your Life

Thrive Global

In 2009, a group of researchers measured the effects of yoga , humor, and reading on the stress levels of students in demanding health science programs in the United States. Emotional Well-being Well-Being Wisdom healthline Reading reading health reading mental health syndicated

Study 58

Plan Sponsors Must Now Analyze 401(k) Plan Administration (Part 1)

HR Daily Advisor

When the Tax Cuts and Jobs Act (TCJA) was signed into law December 22, 2017, several proposed changes to the federal tax code that would have affected tax-qualified retirement plans were dropped. office, where he leads the Qualified Retirement Plans team.

PlanSource Partners with The Standard to Enhance the Benefits Experience

PlanSource

The Standard, a leading provider of financial protection products and services for employers and individuals, has had a formal partnership with PlanSource since 2009 and is committed to providing an outstanding customer experience.

Supreme Court gives workers a little more room to sue you

HR Morning

In late 2009, Green complained to USPS management that he’d been denied a promotion because he was African-American. Green elected to retire and submitted his resignation on Feb. The Supreme Court’s latest ruling isn’t going to make a lot of employers happy. .

How Do You Improve Employee Retention?

Best Money Moves

From 2009 to 2017 the unemployed persons to jobs ratio fell from 7:1 to 1:1. The national average for open jobs has seen an inconceivable 141 percent increase since 2009.

How to Avoid the 5 Most Common Pitfalls of Gig Work

Tsheets

According to recode.net , Airbnb guest arrivals were right around 21,000 in 2009. When you work for yourself, you know well and good no one is putting away retirement money for you. Therefore, it’s paramount you meet with a financial advisor and make a plan for retirement.

Causes of Employee Turnover

Bonusly

has gone from over six unemployed people per job opening in 2009 to less than one in 2019. Wellness and work-life balance. It includes health benefits like insurance and financial benefits like retirement savings. Wellness and work-life balance.

How to balance the needs of the current workforce with the future of work

Limeade

Baby boomers are retiring to the tune of about 10,000 people a day and millennials now make up a majority of the workplace. Generation Z (those born between 1995 and 2009) are beginning their journey into employment.

3(21) vs. 3(38) Fiduciary: An ERISA Attorney Breaks it Down

ForUsAll

As Carol points out, “The Employee Retirement Income Security Act (ERISA) says every plan must have at least one named fiduciary… If no one is specified as the default named fiduciary in the plan documents, the business owner or the board is on the hook.”. financial wellness education).

6 Transportation Careers That Make a Difference in the World

Career Metis

There are all sorts of transportation jobs that require driving, as well as those that don’t. This can make the job stressful, which is why aircraft controllers are eligible to retire earlier than most other workers.

“Make a plan.”, with Ben Soccodato & Beau Henderson

Thrive Global

If you haven’t quantified your vision for retirement, living expenses, travel, etc., Employees know the importance of responding to an e-mail or a voice message the same day, as well as providing proactive client service. Retirement is a dramatic ‘life course transition’ that can impact nearly every aspect of one’s life. But In your experience, what are the 5 most common things that people wish someone told them before they retired? Make a plan. —

If you build it, will they come? Overcoming the talent crisis in manufacturing

HR Times

percent 2009 to 12.4 At the same time, however, manufacturing faces significant challenges, all related to talent, including: Sobering retirement demographics. million workers are expected to retire between 2015 and 2025. Posted by Ben Dollar on March 25, 2015. Blog posts here on HR Times regularly discuss ways organizations can rethink and revamp their talent programs to better support business strategies and overcome workforce challenges.

Building a Positive Culture: Lessons from the Seattle Art Museum

Everwise

The core values reflect a mission that is near and dear to their hearts, and they use those values daily to steer their individual decisions as well as guide their vision as an organization.