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How do retirement benefits and participation compare by company size?

Guideline

After years of instability in the global economy and the reduced availability of pension plans , employees are becoming more focused on their financial situations after retiring. Research continues to show that retirement benefits are becoming more and more important to employees.

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Aiding Employees With Retirement Planning Boosts Retention

Hppy

Retirement doesn’t feel like a realistic goal for many employees today. Of those over 65, nearly 19 percent were working as of 2017 , and by 2024, that number increases to 36 percent of those between 65 and 69 needing to work. workers, 79 percent expect they will need to supplement retirement income by working.

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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 percent average participant deferral rate in 2017—the highest level in a decade, according to a recent T. percent setting a 3-percent default, the firm said in its annual “Reference Point” report for 2017.

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Study: Retirement Plan Fees’ Decline Slowed in 2017

HR Daily Advisor

Retirement plan recordkeeping, trust, and custody fees—in a steep decline for years under pressure from sponsors, participants, federal regulations, and litigation—remained flat for the first time since 2010, according to a new survey. In addition to plan fees, respondents to the 2017 NEPC survey were asked about plan design.

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5 Culture Trends for 2019

As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business. Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive.

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Philanthropy Spotlight: Mental Health Support for First Responders

Thrive Global

I recently read an article in Forbes that said, “In 2017 and 2018, more police officers died by suicide than died in the line of duty.” This resource is a 24-hour international hotline for law enforcement officers , which is manned by retired law enforcement officers. 1-800-267-5463). Safe Call Now. 206-459-3020).

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How to Help Employees Save More for Retirement

Best Money Moves

How to help employees save more for retirement. Employees experience debilitating financial stress when it comes to retirement and they want employers to provide tools and support that ensure they’ll have enough money saved to last through retirement. Less than half of GenXers are saving enough for retirement.