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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

They’re unsure of what their financial future holds and their ability to maintain their standard of living without continued, predictable income. employer-sponsored 401(k) plans. Starting in 2024, employees’ annual contribution limits to some SIMPLE 401(k)s or IRAs will rise. For many U.S. The SECURE 2.0

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Transamerica Study Overview: What Retirement Looks Like for the Multigenerational Workforce

Extensis

What those plans entail and what the expectations for employees are generation to generation is a different story. However, they’ve also started saving for retirement early, at the median age of 19, and will have greater accessibility to 401(k)s and other retirement plans than previous generations.

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Helping Clients Offer Inclusive Benefits for Female Employees

Extensis

Here’s what work is like for women, the many advantages they bring to the workplace, and how brokers can offer an inclusive benefits package designed to help them succeed both professionally and personally. What women bring to the table Despite the challenges they face, female employees provide enormous advantages to their employers.

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Retirement Planning for Millennials: How Employers Can Help

Extensis

Here’s what retirement will likely be like for millennials, as well as four ways employers can help them get ready. What will retirement look like for millennials? It’s also been predicted that unless changes are made, Social Security will only be capable of paying out 80% of scheduled benefits by 2035, and 74% by 2096.

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SHRM 2022 Employee Benefits Survey: Evaluating the Trends

Extensis

Quick Look: Adapting to trends while also focusing on what employees really want is essential to maintaining low turnover and an engaged work environment. The survey covers employee health benefits, retirement and savings, paid leave, and flexible work schedules as the top categories employers and their employees value most.

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Optimizing the Important Role Brokers Play in Employee Retention

Extensis

In many cases, what used to be the norm of competitive benefit packages has now become the minimum of what’s deemed desirable. For instance, there has been an increasing demand to standardize mental health and financial wellness benefits , in addition to the traditional healthcare and 401(k) plans.

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5 Best Free Recruitment Software Tools for SMBs

TrustRadius HR

The Top 5 Free ATS Products And What They Can Do For You. For small businesses, recruiting is already an expensive endeavor- anywhere from $1,000-5,000 per hire. Those preexisting expenses can price some companies out of using an ATS, despite how valuable they are for recruiting. When to Choose Free Recruitment Software. SmartStart.