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Enabling Clients to Better Support Black Staff with Inclusive Employee Benefits

Extensis

Quick look: With the right knowledge and inclusive employee benefits options, brokers can help address the racial health and wealth disparities affecting today’s Black employees and their families. Retirement savings and assets The U.S. This number is in contrast to just 3.6% of white and 4.5% of Hispanic people.

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5 Employee Benefits Required by Law

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While many benefits are at the discretion of the employer, there is a set of employee benefits that are mandated by law. Employees who quit their job are not typically eligible for unemployment benefits unless they have a qualifying reason to quit their job.

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What an Employer Needs to Know About Employee Benefit Laws in the United States – the Basics!

Accurate Background

Employee benefits are an important part of the HR function and the employee-employer relationship in any organization operating within the United States. Candidates and employees often place significant value on benefit offerings in addition to salary when considering how a job will contribute to their overall quality of life.

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Helping Employees Prepare for Retirement

Extensis

Quick look: It’s October, meaning it’s both “spooky season” and National Retirement Security Month. October is National Retirement Security Month, a time that is officially dedicated to “acknowledging the need to raise public awareness of a variety of tax-preferred retirement vehicles.” The state of retirement today.

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What Is a Qualified Retirement Plan?

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There are several ways individuals contribute to their retirement benefits. For such a program to enjoy any tax benefits , it has to conform to the standards set in the US tax code, section 401a. Types of Qualified Retirement Plans. There are three classes of qualified retirement plans, namely: 1. Hybrid plan.

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How to Handle Age Discrimination in Hiring and Retention

Zenefits

According to the AARP, 62% of employees over the age of 50 face ageism at work. And while many consider 50 to be the age that tips older employees into the realm of ageism, workers as young as 40 have experienced age discrimination. Ageism is another word for age discrimination.

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DEI & Financial Wellness: Bridging the retirement race gap

Best Money Moves

DEI & Financial Wellness: Bridging the retirement race gap. Learn how the retirement race gap affects your workforce, and how your company can prevent retirement insecurity by addressing it head-on. Start with a focus on employee financial wellness and equity. What is the retirement race gap?