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Don’t Miss M&A News in 2017. Sign-up to get our weekly recap of funding announcements, M&A and partnership news from the HR technology, recruitment, talent management and employeebenefits space. NerdWallet acquires retirement planning startup ‘aboutLife’. Empyrean Benefit Solutions Acquires Bloom Health.
Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employeebenefits marketplace is below. BenefitVision Joins US Retirement & Benefits Partners. 46 Companies Honored as Arizona’s Most Admired Companies for 2017. Happy Friday.
Our weekly recap of funding, mergers & acquisition, and partnership news from the human resource, recruitment and employeebenefits marketplace is below. Acorns to launch new retirement accounts after buying Portland fintech startup, Vault. Happy Friday. This week’s Fundings: $425M+. Sign up now. M&A Friday!
The term “employeebenefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employeebenefits? . Employeebenefits are non-salary compensation and perks.
to help small businesses create employeeretirement accounts. LLR Partners Invests in SaaS EmployeeBenefits Administration Platform, benefitexpress. Don’t Miss A Funding Announcement in 2017. Perkbox, an employee engagement platform, picks up £2.5M Don’t Miss A Funding Announcement in 2017.
(Editor’s Note: Today’s post is sponsored by Massachusetts Mutual Life Insurance Company (MassMutual), a leading provider of insurance, annuities, retirement plans, and other employeebenefits. They were recently recognized by the Ethisphere Institute as a 2017 World’s Most Ethical Company. Many congratulations to them.
Riddle got his start in hospitality in 2013 when he joined Evolution Hospitality as a corporate manager of HR, with a focus on compensation and benefits. A self-described “numbers and analytics person,” Riddle got to use those skills during a crash course on retirement plan management in a college internship at a Washington, D.C.,
Employee development and training : HR managers actively assess training requirements, create and execute employee development initiatives, and provide resources for skills enhancement and career growth. – Presented information and guidance to employees on benefits, insurance, and retirement plans.
Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing. Notice 2017-64 outlined the latest changes to cost-of-living adjustments for employeebenefit plans. Most of the limits were not changed for 2017. Retirement Plans.
With the rise in health savings account (HSA) enrollment among younger employees and the decline in company matching rates of 401(k)s, HSAs have emerged as a retirement account option for new employees. Retirement is the farthest thing from your mind because, let’s face it, that’s a lifetime away. You’re young.
How to use an employeebenefits strategy to boost morale, retention, and profits. Did you know that 8 out of 10 of your current employees would choose additional benefits over a pay raise ? While salary is important, never underestimate the power of a robust employeebenefits strategy. Life insurance.
Chances are, you’ve probably heard about student loan repayment as an employeebenefit. Many large employers have rolled this handy financial wellness perk into compensation packages as a way to attract and retain talent (notably, millennials) and provide better financial wellness support to employees across the board. .
Thanks to record-high inflation last year, rising interest rates, flat wage growth and other economic factors, employers now say their top concern about employee financial wellness is the high cost of living, according to a recent survey by the EmployeeBenefit Research Institute. EBRI has conducted the annual survey since 2017.
A new survey illustrates key differences between what workers perceive their most significant sources of income will be in retirement and which sources retirees have found to be the most significant. The EmployeeBenefits Research Institute’s 2018 Retirement Confidence Survey explores the retirement outlook of both workers and retirees.
New dynamics in a modern workforce mean new employee expectations for benefits and perks. These new employeebenefits requests are unlike a typical portfolio filled with standard PTO, healthcare and retirement options. 2017 is all about harmony and customization. Saving for retirement.
EmployeeBenefits: Definition, Examples and Best Practices . Employeebenefits are important to your present and future employees. Employeebenefits are offered together with salary as a company’s compensation package. EmployeeBenefits Defined . 13 Examples of EmployeeBenefits .
For 2019, the Internal Revenue Service (IRS) is raising most of the annual threshold and benefit levels that apply to retirement plans, the IRS announced on November 1. Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing.
million from an employeebenefit plan. Department of Labor’s EmployeeBenefits Security Administration (EBSA) and Office of Inspector General (OIG) participated in the investigation and prosecution led by the Justice Department. Apostelos, who orchestrated a Ponzi scheme that included the theft of $1.9
Despite the recent increase in discussion around the need to save wisely for retirement, many Americans underestimate the healthcare costs they will face when they retire. The retirement savings gap is a struggle facing many Americans today, and it poses an intimidating challenge for many employees preparing to retire.
The health savings account (HSA) has been called “ the absolute best retirement account ,” “ the ultimate retirement account ,” and “ [a]n off-label prescription for retirement saving.” As Dana Anspach writes for The Balance , “Where else do you get to contribute tax-deductible dollars and withdraw them tax-free?
In the Best Money Moves Roundup, we run down the latest news on employeebenefits, retirement and workplace legislation. The Society for Human Resource Management’s annual survey tracks trends in employeebenefits. Here are our top 3 takeaways from SHRM’s 2017 report: Wellness benefits work.
Employeebenefits are indeed important. The greatest employees are easier to find and maintain, and happier and more productive employees are ultimately better for business growth. What are EmployeeBenefits? retirementbenefits, student loans, other loans (home loan, car loan, etc.),
EmployeeBenefits: Definition, Examples and Best Practices . Employeebenefits are important to your present and future employees. Employeebenefits are offered together with salary as a company’s compensation package. EmployeeBenefits Defined . 13 Examples of EmployeeBenefits .
The Internal Revenue Service (IRS) again left most annual threshold and benefit levels unchanged when it announced them for 2017 on October 27, 2016. Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing. Retirement Plans.
But I’d be willing to bet a majority of employees would have thought twice about leaving if they had a benefits package worth staying for. In fact, a 2015 report by the EmployeeBenefit Research Institute revealed that the benefits package is an important decision factor for 77% of workers deciding whether to accept a job.
Perez recently announced the appointments of five new members to the 2017 Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. The exceptional professionals joining the 2017 council are uniquely qualified to help it accomplish its goals. 12/29/2016. Accounting : Robert A.
Employeebenefits 2020: why employees want financial wellness. Financial stress has permeated all corners of the workforce and employees need your help to stop it. EmployeeBenefits 2020: Why Employees Want Financial Wellness. EmployeeBenefits 2020: Why Employees Want Financial Wellness.
Are you curious about what’s on the horizon for benefits administration in 2019? If so, we’ve got everything you need to know in our annual Benefits Trends report. In part 1 of our 3 part series, we’ll cover everything you need to know about employeebenefits trends for 2019. Unique benefits companies like Tuition.io
Today’s workforce is looking for companies that actually deliver on the work-life balance promise; 53 percent of respondents to Gallup’s State of the American Workplace 2017 questionnaire said a role allowing for stable work-life balance was very valuable to them.
HR professionals have a big role to play in making sure employees feel heard, and this is especially true when it comes to benefits. This way, you can better ensure your benefits offerings are on target. Nearly half of all employers surveyed offered financial advisory services to employees in 2017.
The IRS just released the 2017retirement plan contribution limits, and the changes aren’t big ones. . Consumer Price Index didn’t trigger a cost-of-living adjustment (COLA) increase for the vast majority of plans, so the major plan limits will remain largely unchanged through 2017. This year, the U.S. Make a note of these ….
Did you know 25% of employees would most like to see financial wellness added to their employeebenefits? 1 Employees want your help. 69% of employees are stressed over their finances and 72% of them admitted to worrying about personal finances at work. Households in 2017. 1) 2018 PwC survey.
In order to increase workplace satisfaction, considerable focus has been placed on strategies to truly engage with employees, ensuring they feel supported, happy, and healthy—both at work and in life. Employers Should Include Current Benefit Offerings. StockFinland / E+ / Getty Images.
The average 2017 college graduate had more than $39,410 in loan debt , up 6 percent from 2016. Because of this debt, job seekers may find benefits as important as salary. For young employees with student loan debt, repayment assistance is one of the most important benefits.
In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employeebenefits and HR issues. And these financial wellness benefits aren’t simply helping to retain your existing employees , they can also provide your company with a leg-up in the hiring market.
Financial wellness is becoming an increasingly important component of employeebenefits packages and a common topic of conversation for human resources professionals nationwide. In 2017, HSAs hit 22 million accounts for the first time, but a massive growth in HSA investment assets is the real story. And with good reason!
If yours is a small company, you may feel envious about the fabulous employeebenefits packages offered by the big guys. And, according to the Spark 401(k) Small Business Retirement Planning Index 2017, about 48% of employees who left their company reported that not having a retirement plan influenced their decision.
Rethinking Benefits Packages to Attract and Retain Healthcare Talent Oct. Here are some of the latest findings and best practices in HR benefits and how to better utilize them to meet your healthcare organization’s talent needs. Health Insurance and RetirementBenefits Remain Key to Attracting and Retaining Talent.
On the other hand, when an employer with a less rich benefits program communicated effectively, 76% of employees were satisfied with the benefits. At the at the 2017 Mid-Sized Retirement & Healthcare Plan Management Conference in Phoenix, AZ., These findings come from a Towers Watson WorkUSA study.
Thirty-percent experience stress when thinking about saving for retirement, while 25 percent find the ability to pay for life’s essentials stressful. Others have enhanced employeebenefits with boosted vacation time and emphasized work-life balance. Chris Hardesty is a financial writer.
Focused on the unique needs of the small business market, these 401(k) providers strive to make high-quality, low-cost retirement plans accessible to all – not just Fortune 500 companies. Ubiquity Retirement: Reviews, Media Endorsements, and More. Employee Fiduciary: Reviews, Media Endorsements, and More. Ease-of-Use.
Based on an investigation conducted by the EmployeeBenefits Security Administration (EBSA), the U.S. Secretary of Labor filed a civil complaint against Ditch Witch Equipment of Tennessee Inc., an underground utility construction equipment company, and Aubrey Needham, trustee of the company’s profit-sharing plan on April 29, 2014.
Nearly a quarter of them say providing healthcare to their employees is their biggest concern. QSEHRAs were rolled out in 2017 as a benefits plan that was specifically designed to help small businesses meet their employees’ needs. How does it work for my employees? What employers are eligible to offer one?
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 EmployeeBenefits Practice in the firm’s Washington, D.C.,
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