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5 ways to get creative with employee benefits

HRExecutive

Advertisement - A number of new benefits trends have emerged in the last few years, driven by employee expectations, said HSA Bank Chief Revenue Officer Kevin Robertson at Tuesday’s Health & Benefits Leadership Conference in Las Vegas. The 100% employer-funded account includes a reimbursement limit of $5,250.

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Study: Retirement Plan Fees’ Decline Slowed in 2017

HR Daily Advisor

Retirement plan recordkeeping, trust, and custody fees—in a steep decline for years under pressure from sponsors, participants, federal regulations, and litigation—remained flat for the first time since 2010, according to a new survey. Plan fees were the lowest in a decade last year, and now the trend has taken a breather.

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How HR Can Tackle Diversity Using the Rooney Rule

Visier

The results were impressive – minority head coaching hires in the NFL increased from 6% to 22% in 2006 – and as the White House strives to show, the implications of the rule can be far-reaching. As baby boomers head into retirement, companies will face a huge shortage of skilled workers to replace them.

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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. According to Metlife’s 2022 Employee Benefit Trends report , health-related benefits are essential to Gen Z, including health insurance, dental insurance, and vision coverage. Be sure to cover the basics.

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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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Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says

HR Daily Advisor

Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. Jane Meacham is the editor of BLR’s retirement plan compliance publications. Gap Continues to Widen.