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Retirement plan communication: Reach them where they are

HRExecutive

Retirement benefits, along with medical benefits , are rated as important considerations when candidates are evaluating a new job offer. Only 27% of employees surveyed said they definitely feel confident that they’ll save enough to cover their expenses in retirement. Advertisement - The second approach is direct listening.

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

HR Digest

This could include implementing business positions around improved DEI and ESG, as well as the integration of new technology like AI. 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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Retirement account consolidator Manifest wins $25K at HR Tech Pitchfest

HRExecutive

From an initial field of more than 100 HR tech startups, a young company named Manifest delivered a compelling presentation Thursday to win the closely watched Pitchfest competition —and its $25,000 prize from the Randstad Innovation Fund—at the HR Technology Conference & Exposition in Las Vegas.

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Adapting to Employment Trends for Financial Wellness in the Future of Work

Payactiv

Employees in this category may lack job security; their incomes are often volatile, and they generally don’t enjoy employer-provided benefits such as health insurance or a retirement plan. Many find it difficult to deal with an emergency or may end up entering retirement without adequate savings or even finding themselves unable to retire.

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Transamerica Institute Retirement Report Reveals the Current State of 401(k)s

Extensis

Quick look: The importance of retirement savings is a crucial factor among today’s multi-generational workforce. An August 2022 Transamerica Institute report reveals employers are eager to support financial well-being in an effort to attract and retain talent. 80% of employers look at retirement benefits for attracting talent.

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Is an HSA the New 401(k) When It Comes to Retirement ROI?

Extensis

Working with a PEO partner is beneficial for both employers and their employees to ensure everyone is well-informed and set up for future financial success. Costly medical expenses and confusion about benefits language are leaving employees feeling discouraged about their healthcare and retirement options. Yes and no.

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How the Retirement Boom Has Impacted HR and Recruiting

Accurate Background

They’re retiring. The workforce is experiencing a seismic shift as Baby Boomers embark on their journey into retirement. 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 So, where are the Baby Boomers now?