article thumbnail

Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

(Editor’s Note: This article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. Replacement plans do one other thing.

Strategy 328
article thumbnail

Walgreens will match 401(k) contributions to student loan payments in 2025

HR Brew

The pharmacy chain is the latest organization to take advantage of a new federal provision that allows employers to contribute to workers’ retirement accounts based on payments they make toward their student debt. of their income to retirement over a three-year period, on average, compared with a 5.7%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What HR needs to do to help employees boost retirement savings

HRExecutive

Barriers to retirement savings This reality naturally has significant implications on retirement security for Americans, but it is insufficient to explain the whole picture. There are additional drivers of retirement insecurity , including: Co-author Riya Patil - Advertisement - Insufficient access: Significant swaths of the U.S.

article thumbnail

A recent IRS ruling could pave way for organizations to make their 401(k) programs more flexible

HR Brew

Global advisory, broking, and solutions firm WTW is pitching a new benefit that would allow employees to direct money from their employers toward a wider array of financial perks beyond retirement, including student loan repayments and health savings accounts. Prioritizing flexibility. A provision of the Secure 2.0

article thumbnail

Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

More recently, the tides have turned in other directions – forcing employers to direct their attention at mandated state-run retirement plans; employee leave and paid time off; sexual harassment training; pay equity; and more! October 10, 2018 11 AM PST, 2 PM EST, 7 PM BST

article thumbnail

No big company is risk-free from impending labor disruptions, new research suggests

HR Brew

Talent shortages are likely to be exacerbated by population decline, and knowledge gaps left by retiring workers may fail to get filled. on overall risk, has experimented with automation, such as cashierless checkouts and smart carts , since 2018. Employers, youve got a big storm coming. Amazon, which scored a 2.6

article thumbnail

Who’s the Real Flight Risk? Why Employees Leave (And Stay)

Achievers

As more trees retire, they are not likely to be replaced by newer trees who will stay long term but, instead, those roles will become more revolving-door positions. Her 2018 book, Staying Power: Why Your Employees Leave & How to Keep Them Longer , helps employers better understand today’s new workforce and improve employee retention.

article thumbnail

5 Culture Trends for 2019

As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business. Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive.