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Employee Benefits: Traditional & Creative Trends

Affinity HR Group

Several trends in traditional and non-traditional benefits are poised to transform the HR and benefits landscapes. GENERAL TRENDS Rapid technological advancements and shifting employee expectations have added another layer to recruiting and retaining top talent.

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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). trillion in DC plans at the end of 2023.

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Help SMB Employers Improve Retirement Readiness

Extensis

Quick look: It’s National Retirement Security Month, making it the perfect time for brokers to equip clients with the tools and resources needed to help their employees plan for a secure financial future. Retirement is a hot topic for all staff. workers is reaching retirement age. Sources state that over 4.1

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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” 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 employee benefits? . Employee benefits are non-salary compensation and perks.

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Year-End Financial Planning: Steps to Take Now

Payactiv

The next step is to review your employee health benefits, as the change in the calendar year impacts many of them. Planning for tax season is a crucial step to take before January arrives, whether you’re maxing out your 401(k) or assessing your side hustle’s potential tax burden. bonds) and high-risk (i.e.,

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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.

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A Guide to Understanding Retirement Rewards and Benefits with Fortune 500 References

Empuls

Bureau of Labour Statistics 1 has shown that 73% of working professionals accessed retirement rewards and benefits. Moreover, 56% of the workers participated in the plans. Compared to this, the retirees, 75% in exact, have showcased confidence in their retirement finances.   What are retirement rewards?