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How to capture institutional knowledge

Insperity

However, when a well-tenured person does retire or resign, a substantial reserve of company-specific insights may be lost. Succession plans not only acknowledge who may be retiring soon, but they also create a plan for retaining the knowledge that’s needed to keep an organization running smoothly through leadership and staffing changes.

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Attrition versus turnover: What’s the difference and why does it matter?

Insperity

It can be a voluntary departure like a retirement or a job change, or an involuntary departure, like a layoff or a death. However, if your business is seeing a wave of retirement-related attrition and you’re struggling to hire new people, attrition can be a red flag that you’re about to face a staffing crunch.

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Want to offer support for caregivers of aging relatives? Read this

Insperity

These include: Title VII of the Civil Rights Act of 1964 The Americans with Disabilities Act Amendments Act The Pregnancy Discrimination Act The Equal Pay Act The Employee Retirement Income Security Act. Download and read our complimentary magazine: The Insperity guide to employee retention. Start an affinity group.

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5 steps to kick-start your succession plan via your org chart

Insperity

Now, think ahead to the future: Are any employees in your most influential roles nearing retirement ? Download our free magazine: The Insperity guide to succession planning. To identify your most influential positions, take note of each role’s: Span of control Headcount supervised Budget managed.

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Want To Enhance Your Total Rewards To Achieve Organizational Success? Start Here.

Dive into the latest magazine issue and discover how flexibility, equity, recognition and strategically applied resources can improve your total rewards package. Gallagher Better Works SM Insights has got you covered!

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

workers better prepare financially for retirement, at every stage of their employment journey. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditions and record-high inflation. The SECURE 2.0 For many U.S. The SECURE 2.0

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The Future of Benefits is Flexibility

UKG

Employees can convert their unused PTO into anything they deem valuable, like retirement contributions, leave sharing, charitable donations, student loan payments, and more. For example, if your employees want to boost their retirement savings, they can convert their unused PTO to retirement contributions.

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