Remove 2025 Remove Employee Benefits Remove Payroll Remove Retirement
article thumbnail

The Top 3 Benefits of 401(k) Plans for Employers

Extensis

Quick look: 401(k)s are the most popular retirement plans in the U.S. While their advantages for employees are well known, they also have tremendous benefits for business leaders. When people think of a retirement savings plan, many think of a 401(k). 87% agreed that “payroll deduction makes it easier for me to save.”

article thumbnail

SHRM’s 2023 Employee Benefits Survey: What Brokers Should Know 

Extensis

Quick look: The 2023 SHRM Employee Benefits Survey highlights the shift brokers are experiencing in how clients are prioritizing employee benefits. Therefore, rather than viewing the future of employee benefits as an “out with old, in with the new” situation, it’s better to welcome a co-mingling of the two.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Student Debt Repayment: The Next Big Employee Benefit

Extensis

Per a recent CNBC survey, 81% of people carrying student loan debt have had to push back life milestones, including buying homes, investing in the stock market, or setting aside funds for retirement. As a broker, you can help employers evaluate their benefits packages holistically: What employee pain points do their benefits solve?

article thumbnail

EBRI Study Overview: Balancing Student Loan Debt Payments with 401(k) Contributions

Extensis

Quick look: Recent EBRI research reveals an all-too-common challenge employees face today is paying off student debt while also trying to save for retirement. A new study from the Employee Benefit Research Institute (EBRI) reveals student loan debt payments are having a negative impact on 401(k) employee contribution rates.

Study 85
article thumbnail

Top Benefits of Global Contingent Hiring | ClearCompany

ClearCompany HRM

They’re working with smaller budgets for payroll and employee benefits. Contingent workers may not be permanent employees, but you can establish long-term, mutually beneficial relationships with them. Global contingent hiring can reduce payroll costs by 40-70%. The hiring process is faster and cheaper.

article thumbnail

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

workers better prepare financially for retirement, at every stage of their employment journey. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditions and record-high inflation. The SECURE 2.0 For many U.S. The SECURE 2.0

article thumbnail

Kansas HR Compliance for Businesses | Paychex

Paychex

Read 8468 Washington Saves Becomes Law; State Aims to Get More Employees Retirement Ready Retirement • Article • 6 min. Payroll and Taxes Pay employees your way and automate tax payments. Human Resources Hire, onboard, manage, and develop productive employees.

Paychex 52