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Washington Saves retirement program: what employers need to know

Guideline

💡 Key takeaways: Over the past few years, several states have passed legislation requiring business owners to offer their employees retirement savings benefits. Washington state recently passed legislation requiring employers to offer a retirement plan or enroll in the Washington Saves program. Why Washington?

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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. When people think of a retirement savings plan, many think of a 401(k). 401(k)s help employees prepare for a comfortable retirement and grow their nest egg faster than if they were to put away funds in a traditional savings account. Who has a 401(k)?

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Top Benefits of Global Contingent Hiring | ClearCompany

ClearCompany HRM

They’re working with smaller budgets for payroll and employee benefits. Global contingent hiring can reduce payroll costs by 40-70%. The Growing Contingent Workforce Contingent workers will make up 35-40% of the global workforce by 2025. The hiring process is faster and cheaper. Did You Know? billion by 2031.

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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. Read 2309 Heading See Why Approximately 740,000 Businesses Use Paychex If you are looking to outsource Paychex can help you manage HR, payroll, benefits, and more from our industry leading all-in-one solution.

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Human Resources Technology Trends for Brokers

Extensis

The World Economic Forum predicts that by 2025, one-third of the workforce will be Gen Z, digital natives who expect to benefit from technology in all their daily activities, including work. It’s also a secure way to successfully start the onboarding process with modules for training and access to company policies and procedures.

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Benefits, Importance, and Best Practices: The Remote Offboarding Process

Hppy

Global freelance platform Upwork, for example, estimates that 22% of America’s workforce will be entirely remote by 2025. Assured legal compliance: Staff may require offboarding for a number of reasons, from layoffs, terminations, and retirements to voluntary resignation for personal reasons.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

How many people in your organization have been there 10+ years, are deep-rooted and likely aren’t going anywhere until retirement? By 2020 or 2025, do you think you’ll have more or fewer roles turn into revolving door positions? Let’s survey your current staff! We’ll call these staff “trees.” Is it 70/30, 50/50, 30/70?