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Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001, New Analysis Finds

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, a leading global advisory, broking, and solutions company. of pay in 2001 to 18.3%

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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. Employers should survey their workforce to learn about which activities they would be most interested in.

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Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e.,

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Webinar: March 2020 Web Summit - Keynote Session: HR Must-Haves for Your Small Business to Succeed - 3/3/20 @12pm ET

Paycor

Small Business Administration survey, small companies spend up to 80% more per employee on federal regulatory compliance than large companies. He founded Bersin & Associates in 2001 to provide research and advisory services focused on corporate learning. According to a U.S.

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Webinar: March 2020 Web Summit - HR Must-Haves for Your Business to Succeed

Paycor

Small Business Administration survey, small and medium businesses (SMB) spend up to 80% more per employee on federal regulatory compliance than large companies. He founded Bersin & Associates in 2001 to provide research and advisory services focused on corporate learning. According to a U.S.

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What’s Holding Back the Next Generation of Entrepreneurs?

Thrive Global

While 8 in 10 of them admit that they see the importance of saving for the future, only 55% of them have actually been able to set aside money for retirement: their goal is to start doing so by age 35. Why aren’t millennial’s saving for retirement? In 2001, people in that age bracket had a net worth of an average of $34,643.

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

i4cp

The current rate of job openings remains well above any monthly rate for 2019, the year prior to the pandemic—but also any month in the history of his data series going back to 2001. million more job openings than any month from 2001 to 2020. boomer retirements, declining birth rate, etc.) there remain over 1.4