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Study: Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001

HR Daily Advisor

employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson (WTW). of pay in 2001 to 18.3% kutubQ / iStock / Getty Images Plus. of pay in 2015, a jump of 24%.

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Special Report from CareerBuilder—Changes in Workforce Composition, 2001–2014

HR Daily Advisor

Major demographic shifts in the United States since 2001 have led to a workforce that looks quite different today, according to a new report from CareerBuilder. The report, “The Changing Face of U.S. In 2014, 49% of jobs were held by women, compared to 48% in 2001. Occupation Composition by Gender. Let us help.

Report 40
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The Latest BLS Data Means that Talent Remains a Critical Imperative (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data on Tuesday , and then The Employment Situation report on Friday. But it is the data from the JOLTS report earlier this week that is what really provides the evidence that the labor market remains tight. The latest data from the U.S The headlines?

Data 105
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Mind, Body and Wallet: Optimizing Workplace and Worksite Employee Well-being

Prism HR

The top areas of financial concern for worksite employees include having their retirement savings last as long as needed, having sufficient emergency savings and paying off/reducing household debt. A third report they’ve experienced increased anxiety, depression, or another mental health condition in the past year.

Wellness 105
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‘Saver’s Credit’ Access Could Help Plans Comply with Nondiscrimination Requirements

HR Daily Advisor

A retirement research institute suggested several ways to improve the Saver’s Credit for lower-income individuals in a recent paper , steps that also could help employer plan sponsors ensure that their plans remain in compliance with nondiscrimination requirements. Why It Was Created.

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Evolution of the 401(k)

Guideline

Today, public and private sector employees alike use a 401(k) — or the nonprofit equivalent, a 403(b) — in order to plan for a comfortable retirement. Unlike pensions, these retirement plans put more of the planning decisions—and responsibility—on employees rather than the company.

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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. " While there is a reported decrease in the demand for labor, last Friday's job and wage growth numbers came in stronger than expected: The U.S. million more job openings than any month from 2001 to 2020.