Remove 2006 Remove Employee Benefits Remove Retirement
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5 ways to get creative with employee benefits

HRExecutive

Employers set a budget and parameters for what they will reimburse, then simply evaluate employee claims and process reimbursement. Even if not many employees are tapping into it, “it can still translate into value without costing a lot of hard dollars” because of the positive perception of it by employees.

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5 Best Compensation Tools 2022 in HRM

HR Lineup

The compensation tools in HRM below have proven beneficial to all types of businesses since most of them help in calculating employee benefits and compensation, making the entire process seamless. Flexible Retirement Planner. The Flexible Retirement Planner is a financial planning tool that is powered by Monte Carlo Simulation.

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Mastering Tomorrow: An Introduction to Executive Retirement Plans

Astron Solutions

provides a thorough introduction to executive retirement plans. Executive Retirement Plans are a valuable tool in creating a customized compensation package for an individual. Standard retirement plans may not always cater to the unique needs and expectations of high-ranking executives. Astronology® guest writer, DJ Schlegel Jr.

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Brokers: Tailoring Benefits to Match What Gen Z Wants

Extensis

Gen Z workers (born roughly between 1998 and 2006) are more health- and wellness conscious than their Millennial and Gen X peers. Their work habits, after-work activities, and desires for personal well-being influence which benefits matter most to them. These must be the foundation of any successful benefits plan.

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‘Ditch Witch’ Ordered to Pay Nearly $200K in Restitution to Profit-Sharing Plan

HR Daily Advisor

Based on an investigation conducted by the Employee Benefits Security Administration (EBSA), the U.S. At various times between 2006 and 2009, the plan was 100% invested in stock warrants. Secretary of Labor filed a civil complaint against Ditch Witch Equipment of Tennessee Inc., roman023 / iStock / Getty Images Plus.

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Evolution of the 401(k)

Guideline

With the widespread adoption of 401(k) plans, it might surprise you that they’re a relatively new employee benefit — and one that was created unintentionally by lawmakers. Unlike pensions, these retirement plans put more of the planning decisions—and responsibility—on employees rather than the company.

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Plan Sponsors Must Now Analyze 401(k) Plan Administration (Part 1)

HR Daily Advisor

When the Tax Cuts and Jobs Act (TCJA) was signed into law December 22, 2017, several proposed changes to the federal tax code that would have affected tax-qualified retirement plans were dropped. Castleton is counsel with Kilpatrick Townsend & Stockton’s Employee Benefits Practice in the firm’s Washington, D.C.,