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Two HR takeaways from Larry Fink’s letter on the retirement crisis

HR Brew

BlackRock CEO Larry Fink addressed the retirement crisis in his annual letter to investors on March 26, making the case that Americans should work later into their lives in light of demographic and economic factors straining the system. Fink challenged “our anchor idea for the right retirement age—65 years old,” in light of these trends.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. But, things like fair pay, better benefits options, and job responsibilities are well within a business’s control. So What Should Businesses Do?

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it’s your Friday good news

Ask a Manager

There were a number of reasons to leave Old Job, but this one epitomizes it– they weren’t making my retirement contributions on time. I was starting to wonder if I should have just resigned myself to sending monthly reminders for HR to deposit my retirement contributions. When I left, HR gave me a $350 going-away present.

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SECURE 2.0 Act and the Retirement Situation

Prism HR

Nowadays, there are a lot of people who aren’t feeling very secure about their retirement. So let’s talk about that retirement situation. It’s not so great if people are continuing to work longer simply because they are concerned they won’t be able to afford to retire comfortably. of those people being 65 and older.

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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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Protirement: Is the UK Government about to redefine ‘retirement’? 

LACE Partners

In one of our latest pieces, Tim Ringo from our team takes a look at a recent article in The Times that focused on a government campaign to bring over-50’s out of retirement, assessing the impact for businesses. Over-50’s encouraged to end early retirement. 76% of baby boomers  plan to keep working and earning in retirement .

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How the Retirement Boom Has Impacted HR and Recruiting

Accurate Background

They’re retiring. The workforce is experiencing a seismic shift as Baby Boomers embark on their journey into retirement. The oldest boomers turned 65 in 2011, the youngest will hit 65 by 2029, and all boomers will be above the social security retirement age of 67 by the year 2031. (To So, where are the Baby Boomers now?