HR Brew

APRIL 8, 2024

The fundraising round comes on the heels of news that Summer will partner with ADP to offer student loan retirement matching to the human capital management firm’s 401(k) clients. Sealy co-founded Summer in 2017 after spending two years working as a student loan policy expert for the Consumer Financial Protection Bureau.

Hiring Software 302

Hiring Software HR Software Planning Tools Human Capital Management 302

Hppy

JUNE 7, 2018

Retirement doesn’t feel like a realistic goal for many employees today. Of those over 65, nearly 19 percent were working as of 2017 , and by 2024, that number increases to 36 percent of those between 65 and 69 needing to work. workers, 79 percent expect they will need to supplement retirement income by working.

Retirement 126

Retirement Planning Tools Hiring Software Onboarding Software 126

HR Bartender

JUNE 19, 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 employee benefits. They were recently recognized by the Ethisphere Institute as a 2017 World’s Most Ethical Company. Many congratulations to them.

Talent Experience 339

Talent Experience Planning Tools Recruiting Software HR Software 339

Accurate Background

JUNE 21, 2022

In 2017, for example, the Bureau of Labor Statistics reported that 34% of the U.S. Indeed, a report by ManpowerGroup revealed that 89% of HR leaders recogni z ed the value of taking a more holistic view of their workforce. . . Indeed, the phenomenon of 47.8 The gig economy is certainly not a new concept.

Hiring Software 95

Hiring Software Onboarding Software Staffing Software Recruiting Software 95

PeopleStrategy

NOVEMBER 7, 2017

As the end of the year approaches, HR has a variety of tasks that need to be completed. However, tackling your HR checklist near the end of the fourth quarter doesn’t have to be a stressful experience. With a plan in place, you can finish off the year strong and with your sanity intact. Verify employee compensation.

HR Software 145

HR Software HR Planning Hiring Software Planning Tools 145

Ask a Manager

DECEMBER 21, 2022

There is a committee in charge of planning and all the logistics. A few people who were on the committee had retired or left for jobs at other places, and the committee was a bit short-staffed. It was a two-parter during the interview with HR: (1) “Tell me the trait you most admire about your parents.” – 2017.

Time and Attendance 106

Time and Attendance Competencies Staffing Meeting 106

HR Daily Advisor

OCTOBER 26, 2017

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 employee benefit plans. Most of the limits were not changed for 2017.

Retirement 39

Retirement Compensation Compliance Employee Benefits 39

TalentCulture

MARCH 7, 2017

While analytics may be used primarily in logistics or marketing, HR is beginning to dip its toes into the world of tracking and measuring insights through analytics software. Many companies already implement analytics into their human resources, but those big data metrics aren’t always being used with practical applications.

HR Planning 109

HR Planning Analytics HR Software Hiring Software 109

HR Morning

JULY 15, 2018

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.

Retirement 67

Retirement Planning Tools Comparison Recruiting Software 67

Analytics in HR

FEBRUARY 17, 2023

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

Succession Planning 98

Succession Planning Planning Tools HR Software Hiring Software 98

HR Daily Advisor

SEPTEMBER 21, 2018

In its recent 2018 Bank Compensation and Benefits Survey, Crowe found that banks seem to have a new focus on human resources based on their salary increases. Other responses include maintaining a structured compensation guide, monitoring through an affirmative action plan and attending various training sessions and conferences.

HR Planning 71

HR Planning Resources Industry Bonuses and Incentives 71

DailyPay

JANUARY 23, 2019

But, from the information we currently have, there are a handful of distinct patterns that can help human resources recruit and retain this generation of young employees. The average student loan debt for the class of 2017 was $39,400, which is up 6% from the previous year. A Brief Introduction To Generation Z.

Video Recruiting 52

Video Recruiting Hiring Software Compliance Training Recruiting Software 52

HR Daily Advisor

SEPTEMBER 11, 2017

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.

Retirement 46

Retirement Planning Tools Study Survey 46

Hireology

JUNE 1, 2017

Magazine Best Workplace for 2017. The list is the result of a wide-ranging and comprehensive measurement of private American companies who have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits. To see the list list of winners, pick up a copy of the June 2017 issue of Inc.

Retirement 75

Retirement Employee Engagement Survey Compliance Training 75

Best Money Moves

JANUARY 2, 2019

How to help employees save more for retirement. Employees experience debilitating financial stress when it comes to retirement and they want employers to provide tools and support that ensure they’ll have enough money saved to last through retirement. Less than half of GenXers are saving enough for retirement.

Retirement 66

Retirement Planning Tools How To Tools 66

HR Daily Advisor

NOVEMBER 6, 2018

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.

Retirement 58

Retirement Handbook Compensation Employee Benefits 58

PeopleStrategy

MARCH 21, 2018

HR professionals have a big role to play in making sure employees feel heard, and this is especially true when it comes to benefits. The Society for Human Resource Management has seen a rise in the number of financial wellness programs offered by employers , such as sessions with financial counselors. Financial wellness support.

HR Planning 100

HR Planning Retirement Planning Tools HR Software 100

Visier

MAY 9, 2018

If you work in HR for the manufacturing sector, you may be wondering if your company should be following suit: By 2025, over 2 million manufacturing jobs could go unfilled. A shrinking pool of workers with advanced manufacturing skills, along with baby boomer retirements, is contributing to this major talent shortfall. percent to $90.6

Compliance Training 153

Compliance Training Analytics Onboarding Software HR Software 153

Evil HR Lady

APRIL 12, 2019

Employer benefits used to be straightforward — provide health care, dental care and a retirement plan and you were pretty much done. Of course, solid health insurance and a retirement plan are unlikely to go out of style. The post 3 Benefits Your Employees Actually Want appeared first on Evil HR Lady.

Retirement 73

Retirement Survey Course Recruitment 73

HR Daily Advisor

APRIL 16, 2018

The Internal Revenue Service (IRS) said on April 5 that it may reopen its determination letter program to certain types of individually designed retirement plans, beyond the narrow set of circumstances in which such letters are currently available. See, Restated Preapproved DB Plans Learn from DC IRS Amendment Cycle.). (See,

Retirement 43

Retirement Compliance Resources Examples 43

Reflektive

JANUARY 7, 2019

million executive leaders are eligible for retirement as of 2017, which will open the door for more Gen Xers and Millennials in the C-suite. Because of Millennials’ growing stature within the workforce, HR leaders need to design recruiting and onboarding processes tailored to this generation.

E-Recruitment 30

E-Recruitment Hiring Software Retirement Compensation 30

HR Daily Advisor

SEPTEMBER 24, 2018

Retirement plans always have been an excellent vehicle for creating current tax deductions for businesses. For a business that passes through income to its owners, the business’s retirement plan often is designed to reduce each owner’s personal taxable income by a share of the retirement plan’s contributions.

Retirement 53

Retirement Planning Tools Handbook Compensation 53

HR Daily Advisor

JULY 6, 2018

Automated features now standard for most employer-sponsored retirement plans helped bring about a record 8.3-percent percent average participant deferral rate in 2017—the highest level in a decade, according to a recent T. Rowe Price plans had a 6-percent default deferral last year, compared with 31.9 Rowe Price study.

Retirement 40

Retirement Report Compliance Trends 40

Workday

DECEMBER 26, 2016

We posed this question to Workday executives, customers, and partners, and also checked in on what leading industry analysts and researchers are predicting for 2017. In part one of this blog series, we reported that legislative change, taking action on data and analytics, and resiliency planning is top of mind for CFOs and CIOs.

HR Software 64

HR Software Planning Tools Workday HR Planning 64

HR Daily Advisor

DECEMBER 27, 2016

Today, we’re going to look at Medicare entitlement in the context of retiree health plans—as well as what happens to participants in your retiree plan if you decide to eliminate this coverage. Accordingly, it’s more common for Medicare entitlement to act as an initial qualifying event in retiree health plans. Hamburger, Esq.,

HR Planning 61

HR Planning Retirement Background screening Employment Law 61

HRExecutive

OCTOBER 31, 2023

4 last year—on the Financial Wellbeing Employer Survey, bumping retirement preparedness from its six-year run as employers’ greatest concern. That’s based on a survey of 252 HR leaders at companies with at least 500 employees that offer financial wellness programs. EBRI has conducted the annual survey since 2017.

Wellness 128

Wellness Retirement Coaching Survey 128

HR Daily Advisor

MAY 18, 2018

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. And 70% say they are very/somewhat confident about covering medical expenses this year vs. 77% in 2017.

Retirement 49

Retirement Survey Report Employee Benefits 49

Tandem HR

APRIL 12, 2018

Partnering with a Professional Employer Organization or PEO for HR solutions will save you hours of human resource administration. It can also translate to better benefits and a Fortune 500-style HR infrastructure for your employees. 7. I have a good (medical, dental, 401k) plan.

Hiring Software 94

Hiring Software HR Planning HR Software Planning Tools 94

HR Daily Advisor

NOVEMBER 22, 2016

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.

Retirement 40

Retirement Compensation Compliance Employee Benefits 40

HR Daily Advisor

NOVEMBER 21, 2017

The second half of 2017 brought devastating hurricanes to several areas of the Southern U.S. Congress provided for both retirement plan hardship distribution tax relief and more generous plan loan rules for participants whose primary residences were damaged in one of the storms’ paths. Plan Loan Provisions.

Retirement 43

Retirement Guidelines Compliance Examples 43

HR Daily Advisor

JANUARY 15, 2018

Strong market returns and larger-than-expected employer contributions shored up the funded status of the United States’ largest corporate pension plans modestly at the end of 2017, compared with the end of 2016, according to an analysis released January 2 by consulting firm Willis Towers Watson. trillion at the end of 2017.

Study 43

Study Analysis Retirement Strategy 43

HR Daily Advisor

JUNE 13, 2017

Michael Jordan wasn’t talking here about retirement, and in fact, we don’t know that he ever has. In today’s world, each individual must take charge of his or her own retirement. Are you doing all you can to help your team members win the retirement game? “Talent wins games, but teamwork and intelligence win championships.”

Retirement 49

Retirement AON Wellness Planning Tools 49

HR Daily Advisor

AUGUST 17, 2018

In all honesty, we would like him to retire because of the toxic attitude. May we ask him about his retirement plans? A No—asking employees about their retirement plans is not a good idea. Under the law, there is no mandatory retirement age. You shouldn’t ask your employee about his retirement plans.

Retirement 43

Retirement Discrimination Employment Law Policies 43

Guideline

AUGUST 9, 2023

After years of instability in the global economy and the reduced availability of pension plans , employees are becoming more focused on their financial situations after retiring. Research continues to show that retirement benefits are becoming more and more important to employees.

Retirement 52

Retirement Company Retention and Turnover Survey 52

HR Daily Advisor

JUNE 4, 2018

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. However, plan sponsors and administrators should not wait until 2019 to ensure they are complying with TCJA and the Budget Act.

Retirement 61

Retirement Handbook Compliance Compensation 61

Empxtrack

DECEMBER 11, 2017

Changing Role of HR. Long gone are the days when HR used to merely manage administrative tasks and play a supporting role in the business. Over the past few years, HR has transformed itself into a most valuable asset to the organization. Figure ( Source ): Should an HR Leader have a place on the Board of Directors?

HR Software 56

HR Software Onboarding Software Recruiting Software Planning Tools 56

HR Daily Advisor

APRIL 10, 2018

However, a new survey shows that gender plays an important part in how workers are saving for retirement and securing their financial freedom. Saving for retirement is a significant challenge for the vast majority of working Americans,” said Shane Bartling, senior consultant, Willis Towers Watson—in a press release.

Retirement 52

Retirement Survey Planning Tools HR Software 52