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Ten Upsides of Inflation

Money Talk

This includes Social Security recipients, retirees with COLA-adjusted pensions, and workers with COLAs stipulated in their job or union contracts. Higher Wages- Many workers receive an income bump during inflationary periods. When inflation rises, workers can save more money. million per individual in 2023 vs. $12.06

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Barclays reports mean gender pay gap of 33.6% for 2023

Employee Benefits

for 2023, down 2.3 percentage points, and the gap for multiracial workers was -6.9%, up 1.5 in 2023, down 1.2 percentage points, and the gap for multi-racial workers was -0.1%, down 1.3 The organisation’s 2023 mean ethnicity bonus gap for Asian employees was -3.7%, down 1.2 percentage points from 2022.

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SECURE 2.0 Act Financial Planning Opportunities in 2023 and Beyond

Money Talk

Below is a brief summary of a few key retirement savings provisions from about 100 changes contained in this legislation: RMD Changes- Effective January 1, 2023, the starting age for required minimum distributions (RMDs) for people born from 1951 to 1959 is now 73 instead of 72 and the starting age for those born in 1960 or later is now 75.

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Financial Stress in 2023: 3 Problems Facing Your Workforce

Best Money Moves

Financial Stress in 2023: 3 Problems Facing Your Workforce. 2023 is shaping up to be a tough financial year. With a recession looming in 2023, helping employees bolster their financial health should be at the top of every employer’s to-do list. Here are the top 3 financial issues facing your workforce in 2023.

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Creating Benefits Flexibility Your Employees Will Value

Speaker: Alex Anderson - Total Rewards Strategist at Lockton Companies | Leo Tokar - President, People Solutions and Partner at Lockton Companies

In fact, the most common inquiry that total rewards experts receive from workers in all fields is how much control they should have over their compensation and benefits. The workforce of today has a completely different perspective on total rewards, and it's time for businesses to adjust to meet their requirements.

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August Jobs Report 2023

HR Digest

The release of the August jobs report 2023 by the Labor Department has provided valuable insights into the state of the job market in the United States. economy added 187,000 jobs in August 2023, surpassing the forecasted 170,000 jobs. In conclusion, the August jobs report 2023 provides valuable insights into the state of the U.S.

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Pregnant Workers Fairness Act: An Update

International Foundation of Employee Benefit Plans

Back in July of 2023, I wrote a blog on the Pregnant Workers Fairness Act and what plan sponsors needed to know at that time. I was pregnant while writing that first blog and curious not only how the law would impact […] The post Pregnant Workers Fairness Act: An Update appeared first on Word on Benefits.

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Reframing the Way We Work: How to Take Advantage of Disruptions

Speaker: Stela Lupushor, Founder, Reframe.Work Inc.

In this exclusive webinar with Stela Lupushor, you’ll learn how to do all of the above, and you’ll also walk away with new perspectives on: Evolving employment value proposition: exploring the changing social contract between employees and employers, and ways organizations can redefine the value exchange Workplace experience: rethinking the workplace (..)