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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

By 2025, they will represent a staggering 27% of the labor force, wielding immense economic power and wielding their voices as catalysts for change. As Baby Boomers and Gen Xers get closer to the ends of their careers, we’ll see a bigger emphasis from employees and employers on financial wellness and retirement preparedness.

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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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How to Solve Hiring Problems in Manufacturing with Employee Recognition

Semos Cloud

million blue-collar employees in the US, according to the most recent data from CEPR. As more workers migrated to white-collar jobs, and seasoned professionals move closer to retirement, the entire manufacturing sector faces an unprecedented number of missing laborers. Currently, there are about 19.6 trillion.

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How to balance paying off student loans while saving for retirement

Guideline

Based on Federal Reserve data , student loan debt in the US reached about $1.68 For those paying off student debt, the idea of saving at the same time—be it for retirement, a down payment, a wedding, or an emergency fund—can seem impossible. You can still open up an individual retirement account like a Roth or traditional IRA.

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SHRM’s 2023 Employee Benefits Survey: What Brokers Should Know 

Extensis

Though health and retirement savings benefits continue to lead the pack, modern offerings like flexible work environments and extended leave policies are gaining more traction. Retirement savings and planning are a close second SMBs are still focused on including retirement savings plans as part of their compensation packages.

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Federal Agencies Propose Major Changes to Mental Health Parity Regulations

Cupa HR

If government agencies issue a final rule similar to the proposal, plans will face additional data collection, evaluation, compliance and administrative requirements. As proposed, plans could be expected to comply as early as the first day of any plan year beginning on or after January 1, 2025. Learn more about Segal.

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H&R Block Believes in Lifetime Learning as a Business Driving Force

Rallyware for Human Resources

The future of work is lifetime learning and data-based talent development. According to the report , 2025: People, economy and the future of tax, “a future world in which service industry professionals such as accountants will be replaced by robots and the size of revenue authorities will shrink.” Less on-site “work”.