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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? And, every year, that percentage automatically increases unless the employee intervenes to make changes.

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The A to Z Explanation About Phantom Stocks

Vantage Circle

The idea of phantom stock plans is to mimic the value of a share to an employee without actually handing over the shares. Phantom stock plans, also known as equity compensation plans, equity pay plans, stock bonus plans, or phantom equity plans, are a form of employee stock option plan (ESOP). Types of Phantom Stock.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

"Total rewards" is a broad term for an organization's total employee-related costs. It includes the money paid to employees in wages, salaries, bonuses, perks, and other intangible benefits. In short, total rewards are defined as "the sum of all rewards provided by a company to its employees."

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How to Retain Young Talent in a Job-Hopping Culture

ACI Specialty Benefits

The end result is that Gen Z is keen on entrepreneurship and ingenuity—and unlikely to stay in jobs that don’t meet their needs. Offer paths to financial wellness and opportunities to meet their personal and professional goals. Help employees connect to the company and to one another and curate exceptional experiences.

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10 People Sustainability Strategies for Your Business

Vantage Circle

From remote work policies to green initiatives, companies realize that people's sustainability is good for business and essential for the well-being of their employees and communities. So, let's delve deep on how you can cultivate a culture of people sustainability that nurtures growth and development for you and your employees.

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How Employee Perks Can Help Companies in the US

Vantage Circle

Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities.