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How flexible working hours, competitive pension benefits, and mental wellbeing support can engage the Gen Z workforce

Employee Benefits

To meet Gen Z’s needs, your organisation must promote the importance of a work-life balance from the beginning of the employee journey. Pensions and Future Planning Contrary to stereotypes, Gen Z actually places significant importance on pension benefits for future planning.

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The Multiemployer Retirement Plan Landscape: DB Takeaways

International Foundation of Employee Benefit Plans

According to recent data from Horizon Actuarial Services, LLC and the International Foundation of Employee Benefit Plans, the fifteen-year period between 2006 and 2020 was turbulent for multiemployer defined benefit (DB) pension plans.

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Labor Codes in the Czech Republic

Global People Strategist

Authority Responsible for Employee Benefits. Social security is responsible for mandating employee benefits within the Czech Republic. Social Security manages sick leave, pension, retirement, and unemployment allowances. Employee Benefits. Getting Employed In the Czech Republic.

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Employee Relationships is a Serious Employer Responsibility

HR Digest

The term “employee relations” can be defined as the connections within the workplace, focusing on both the employer-employee relationship, as well as the relationship between all employees. The focus on employee welfare started post-World War II when retirement and pension plans appeared as the biggest forms of employer care.

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Lovewell’s logic: Will the Spring Budget result in a larger talent pool?

Employee Benefits

The Budget contained myriad measures impacting the reward and benefits industry, most notably around pensions, childcare, and both mental and occupational health. The abolition of the lifetime allowance was intended to encourage employees who had reached this limit to remain in, or return to, work.

Pension 59
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Employee Focused Retirement Plans

HR Professionals Magazine

As an HR professional, you might read that title and think, “Duh – aren’t all retirement plans focused on employees?” As pensions have gone by the wayside and 401(k) plans have gained more notoriety, employees have become increasingly more aware of their employer sponsored retirement plans, and the financial benefits they provide.

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Laws And Regulations Every HR Professional Should Know In 2023

Empuls

Given these changes, HR departments need to reassess their benefits packages to make sure they are not only competitive but also in full legal compliance. For example, in 2006, IBM faced lawsuits over its shift from a traditional pension plan to a cash-balance plan, a change that allegedly discriminated against older workers.