article thumbnail

Orwellian NTSA Testimony From 2013

The Teacher's Advocate

In 2013 the state of Pennsylvania was considering some changes to their retirement system which evidently called for a 401(a) plan for employer contributions. It's not just "some", but the vast majority of retirement plan experts that believe a single vendor system is a better way to design a retirement plan.

article thumbnail

How to Choose a Retirement Plan: 3 Features Employees Love

Insperity

Since the financial crisis of 2008, workers have become more aware and concerned about saving for retirement. As a result, employer-sponsored retirement plans are no longer an enticing perk, they’re an expectation. They want a plan they can brag about. So why would their retirement plan be an exception?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sponsoring a Retirement Plan: Tax Benefits You Should Know About

Insperity

Offering your employees a retirement plan doesn’t have to be a burden on your budget. The federal government offers tax benefits to help make retirement plans more affordable for small businesses. Here are a couple of ways you can save some money by sponsoring a retirement plan. Receive an income tax credit.

article thumbnail

Does your CFO know the difference between engagement and morale?

Achievers

They’re not always the employees with the best retirement plans or the most impressive titles. Time and time again, research has proven that the most successful employees—the ones who stay in their jobs the longest and contribute most to the company’s growth—are not necessarily the highest paid. They’re the happiest.

article thumbnail

Why Financial Wellness Is a Must-Have Employee Benefit

Best Money Moves

More than 60 percent of employers now feel “extremely” responsible for their employees’ financial wellness, compared to just 13 percent in 2013, according to the latest Workplace Benefits Report from Bank of America. 30 percent want information on retirement plans. 27 percent want online financial tools or calculators.

article thumbnail

5 Payroll Management Tools Every HR Needs

HR Digest

Since its foundation in 2013, it has claimed a considerable user base and an excessive growth with its comprehensive yet homogenous design. paying business-related taxes to the government, etc. Zenefits is a cloud-based free ‘core HR’ software platform, where payroll is the most prominent and essential feature.

article thumbnail

10 Rules for Employee Retention Your Competition Will Hate

Insperity

This could include investments, such as stock options and 401(k) retirement plans. In a 2013 study, nearly half of employers (47 percent) reported that they usually or always hire candidates who have held the same job title as the position they’re hiring for, according to CareerBuilder. Avoid new job titles.