This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In a case of first impression in the Tenth Circuit, the Court recently joined the chorus of circuit courts in holding that a 401(k) plan participant alleging excessive investment management or recordkeeping fees must assert a “meaningful benchmark” in order to survive a motion to dismiss. The case is Matney v. Barrick Gold , No.
We increased the 401(k) match; created a scholarship program for employees’ children; and launched a child care assistance program. The myTime program has been in place since 2016 and Kronos has been tracking the numbers. We felt it made more sense to reinvest those savings in other employee benefits.
Take a look at the top workforce trends that are rising up in 2016. 2016 is the year where overtime costs will rise for some employers. Millennials want more flexible hours and flexible work locations, whereas baby boomers are more focused on pensions and 401(k) perks. Infringing on Personal Time. Changing Overtime Rules.
The Fifth Circuit affirmed the dismissal, for lack of standing, of a fiduciary breach representative action against American Airlines and its 401(k) plan investment committee. American Airlines, Inc. , 20-10817, 2021 WL 3030550 (5th Cir. July 19, 2021).
Households in 2016 – May 2017 from the Federal Reserve, 63 percent of college students ages 18-29 indicated they acquired debt to finance their bachelor’s degree. Will you match the employee’s contribution up to a certain amount annually, much like a 401(k) company match ? How much will you offer?
Deferred Profit-sharing Plan: The withdrawal time is set for later, often combined with a 401(k) plan, making it non-taxable at the end of the term. By holding monthly financial update meetings since 2016, the company tracked its budget against expenses and profits across various divisions like snow removal and landscaping.
Treat the HSA More Like a 401(k) than an FSA. The opportunity to set aside pre-tax money for expenses in the future is an area where the HSAs and retirement plans, like 401(k) and 403(b), start to blend together in an employee’s retirement savings strategy. in 2011 to 39.3%
In Massachusetts, the average amount of student loan debt in 2016 was $31,563. When contemplating job offers, prospective employees will always consider the job’s health insurance offering and a 401(k) program. Today, overall student loan debt exceeds credit card debt and auto loans and stands at a staggering $1.52
Some 401(k) plans increase savings rates over time, and some don’t. As of 2016, HSA enrollment increased by 19.1 No matter how small a contribution is, it still matters and doubles in size with matching employer contributions. Employees deserve to know these ins and outs. Do Employees Understand Their Health Care Benefits?
Brown, with help from his employees, changed the tides which led to a consistent increase in Arby’s revenues since 2016. Savings plan for the future : You can start throwing money in Starbucks’ Future Roast 401 (k) retirement plan after working for 90 days or more.
It’s not just big corporations either, 10 percent of employers with 50 or fewer employees offer some sort of fertility benefit (up from 4 percent in 2016). Other programs offer student loan refinancing or allow employers to match employee 401(k) contributions with student loan repayments. . #2 5 Tech Benefits for Employees.
. "Six years later, after the decision that others said would destroy his business, Dan reports that revenue has tripled, the customer base has doubled, 70% of his employees have paid down debt, many bought homes for the first time, 401(k) contributions grew by 155% and turnover dropped in half.
Rippling started in 2016 with headquarters in San Francisco, US; ever since, it has experienced significant growth, serving over 2000 customers in 2024 as per the latest reports. It acts as a unified hub, eliminating the need for multiple disconnected systems and streamlining administrative tasks.
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
109 
Let's personalize your content