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Employee Benefits: Then and Now [infographic] – Friday Distraction

HR Bartender

Benefits such as health care, retirement planning and employee assistance programs are offered to employees at the same level as in 1996.” ” The good news is that employers are listening to demands for better work/life balance with increased telecommuting, flextime and other accommodations.

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Think Your Retirement Plan Is Bad? Just Talk to a Teacher

The Teacher's Advocate

"Schoolteachers and others who pursue careers of service in exchange for modest paychecks get lightly regulated retirement plans that often charge excessive fees." 21, 2016 Think Your Retirement Plan Is Bad? By TARA SIEGEL BERNARD OCT. Just Talk to a Teacher Excellent article and yours truly even has a few quotes!

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Aiding Employees With Retirement Planning Boosts Retention

Hppy

That makes planning for retirement more concerning and terrifying — 30 percent of employees feel stressed by retirement planning, mentally and emotionally. Employers should also revisit plans with changing health care needs of employees. As of 2016, HSA enrollment increased by 19.1 Get your free copy.

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Tenth Circuit Adopts “Meaningful Benchmark” Pleading Standard in Dismissing Challenges to 401(k) Plan Fees

Proskauer's Employee Benefits & Executive Compensa

Background Participants in the Barrick Gold 401(k) plan commenced a putative class action against the plan sponsor, board of directors, and plan fiduciaries alleging that (i) the plan’s investment menu contained investment options with unreasonably high fees, and (ii) the plan’s recordkeeping fees were excessive.

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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Other laws and policies – I’m going to lump these in the same category because they are unique to your state and organizational benefits: unemployment insurance, retirement plan contributions, group life insurance premiums and disability benefits. These changes go into effect on Dec. You get the point.

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Help Employees Understand the HSA Value Proposition

Corporate Synergies

High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% Using HSAs as an Investment Strategy for Retirement. This is even better tax treatment than the typical retirement plan!

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How to retain millennial job hoppers

Insperity

The millennial generation, born between 1981 and 1996, are known for being job hoppers , and in 2016, they became the largest segment of the U.S. Improving retention is a process that considers all factors and results in a sound hire-to-retire plan that emphasizes employee development and engagement. Lay the proper groundwork.

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