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Why are Millennials so Distracted at Work?

Best Money Moves

Human resource departments are overwhelmed with solving new issues around financial stress that Millennials are bringing to the office every day. Most millennials have nothing saved for retirement and of those that do, research from E-Trade revealed that 60 percent have already taken an early withdrawal from their 401(k).

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Wait Till You See the Results From SHRM’s Employee Benefit Survey

Best Money Moves

The Society for Human Resource Management’s annual survey tracks trends in employee benefits. 401(k) contributions at a record high. Information reported from the first quarter of 2018 shows just how important 401(k) benefits are to employees. Find out why it’s worth the investment.

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How to Help Employees Save More for Retirement

Best Money Moves

Across all three generations, nearly 90 percent of employees want a 401(k) statement with retirement income estimates. They’re sandwiched between the financial responsibilities of Millennial children and Boomer parents. More than 60 percent of GenXers want more help from employers with their retirement choices.

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Each generation has unique needs; offer benefits to meet them

PeopleStrategy

According to the Employee Benefits Research Institute’s 2018 Health and Workplace Benefits Survey, 73 percent of respondents, whose ages ranged from 21 to 64, called health benefits the most important HR-related factor in deciding to take a job. As you might expect, these benefits will be most valued by Baby Boomers.

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Reaching Out With Mental Health Awareness Month

Best Money Moves

In honor of April’s Financial Literacy Month, First National Bank of Omaha released the results of its 2018 Financial Literacy and Lifestyle Survey. While 93 percent of respondents considered themselves financially literate, nearly 50 percent don’t regularly contribute to a 401(k) and 75 percent don’t stick to a budget.

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What some businesses are doing about student debt

Genesis HR Solutions

What they have in common is that both are recipients of the 2018 Genesis Community Scholarship Fund. On June 5, 2018, at Town Hall in Lexington, Massachusetts, they were among a group of 75 high school and college students who received help to defray the cost of a college education. Trillion Crisis by Zack Friedman. Click To Tweet.

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5 Data-Based Reasons to Make Employee Education a Priority

Achievers

As a reminder: it costs upwards of $4,129 to hire an employee, according to the Society for Human Resource Management’s (SHRM’s) new Human Capital Benchmarking Report. Learn about the future of employee engagement at Achievers Customer Experience (ACE) 2018 in Toronto, October 23-24. Buy now here.

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