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4 ways to help all employees prepare for retirement

Best Money Moves

Employers are worried, too — 75% of employers fear that employees don’t have enough retirement savings , according to a TIAA survey and another 64% worry that employees may outlive their savings. Auto enrollment is a company program that automatically enrolls all employees in a 401(k) or another retirement plan.

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How the Retirement Boom Has Impacted HR and Recruiting

Accurate Background

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 Many Boomers, when surveyed, expect to work well past the age of 65. Boomers turn 65 between 2011 and 2029 at a rate of about 3.8 They’re retiring.

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HR Trends for 2023 – A Paradigm Shift

Synergita

Hybrid Working Model: According to one of the surveys conducted by ET Bureau, Indian employees prefer hybrid work model over the traditional work from office model. The HR will have to relook into the employee benefits, policies and employee engagement process in order to make it a win-win situation for both the sides.