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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

In December 2022, the U.S. Act of 2022 enables business leaders to: Deliver additional financial benefits to round out an organization’s compensation strategy Remain competitive in an increasingly dynamic labor market Win the war for talent In this blog, we’ll discuss: What the SECURE 2.0 employer-sponsored 401(k) plans.

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5 Emerging Benefits Trends to Look for in 2025

Best Money Moves

According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefits package next year. This projection shows the benefits trends in use and utilization of financial wellness programs among employees.

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5 Benefits to Help Employees Cope with Inflation

Best Money Moves

A few great ways for employers to assist employees are auto-enrolled retirement plans and increasing 401(k) contributions. Improving retirement benefits can also be a great way for employers to keep up with the competition in their industry. Comprehensive Financial Benefit Packages. Health Care Assistance.

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3 Reasons You Need Financial Wellness in the Workplace

Best Money Moves

This led to reduced financial contributions across 401(k) savings accounts, long-term and emergency short-term savings, and debt and loan payments. Meanwhile, employers acknowledge that re-evaluating the benefit plans offered is a top priority to stay competitive and retain talent.

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The Secure Act 2.O and the War on Retirement 

HR Professionals Magazine

Before we jump into another exhilarating talk around 401(k) legislation (please sense my sarcasm), I want you to take a few seconds and ask yourself why it all truly matters. Sure, 401(k)s are an incredibly important part of a company’s total benefits package. I can tell you; it is not a pretty sight.

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Amazon and Wells Fargo named top US employers for 2023

Employee Benefits

To be eligible, businesses must have had at least 500 employees as of 31 December 2022 in the country, and attrition can be no higher than 10% over the year-long methodology time period. Amazon ranked first on the list for the third consecutive year and has been among the top three organisations for six consecutive years.

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Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

In 2022, the U.S. Other employee retention examples include comprehensive benefits packages that are tailor-made to suit the employees’ welfare. This could include health benefits, time off, retirement assistance, etc. Bureau of Labor Statistics reported that 50.6 million U.S. million each month.