Visit site for full story. Employee Benefits MORE

A quick search of our website, using the terms “women” and “retirement,” brings back an article from August 2008 that describes retirement planning as “a nightmare for many women.”. In examining the retirement saving and investing behaviors of roughly 3.5 times their final pay to meet their financial needs in retirement, but finds “a gap of 3.3 times pay for men. MORE

Today’s job market includes job growth from new jobs being created by changing technology and from retirements of an aging workforce. During the economic recovery most of the jobs that have been added are considered “good jobs” that are full time, and provide health benefits and retirement plans. By Adrienne Way, Edcor CEO. Now that the new school year is in full swing, the excitement of setting goals, achievement and moving forward is at its height. They are juggling work, family responsibilities and school as they acquire new skills to advance in their careers. MORE

A defined contribution benefit plan option to help stabilize retirement and reduce risk. Will I be able to retire? More than 85 percent of Americans believe the nation is facing a retirement crisis 1 and 72 percent of surveyed employers feel only some employees will be ready for retirement. Retirement Annuity Accounts. complement to current retirement plans. MORE

Krulak, a former Marine Corps commandant and retired president of Birmingham-Southern College. This week we are honoring military veterans who are an asset to the country they once served in a military capacity. The skills they learned in the military and the work experience they gained while serving represent a wealth of resources for businesses and employers. With skills and work experience behind them, many vets return to school to complete their education. Supports from schools and employers can help veterans make the most of their higher education. Veterans’ Strengths as Students. MORE

Is Illinois the precursor to mandatory retirement savings programs across the country the way that Massachusetts was for mandatory health care? Illinois has become the first state to require that private-sector employers offer their employees retirement benefits. 2758) , signed into law by Illinois Governor Pat Quinn on January 4, 2015, requires employers to offer their employees a state-run automatic enrollment payroll deduction Individual Retirement Account (IRA) program (a Roth IRA) known as the “Illinois Secure Choice Savings Program Fund.” Karen N. Aimee E. MORE

Retirement of workers is another factor that influences hiring decisions for 20 percent of employers. They can forecast their employment needs and fill gaps that retirements create. A recent survey of Edcor Client employees demonstrates that higher education for working adults is a resource that can benefit both employers and employees. MORE

Consult this list to see whether you’ve been using these workplace phrases it’s time to retire. There’s a time and a place for business jargon—and with the rise of social media and the 21 st century workplace, we’ve accumulated a wealth of new words to communicate our modern work lives. But even as new phrases are coined, old business jargon falls out of style. Let’s put our heads together. MORE

Let’s be honest: regardless of age, we all sometimes dream about retirement. Unfortunately, for a lot of Americans who aren’t eligible for retirement savings plans through their employer, those dreams are difficult to make a reality. Although the DOL final rule takes effect October 31, 2016, no state retirement programs are scheduled to be in effect until 2017. MORE

Businesses realize a return on their investment with an education workforce, the ability to fill the skills gap as employees retire, and employees who are educated in the latest advancements and technology. 3. In spite of all this there is much to be thankful for regarding higher education. The United States higher education system. These schools serve many disparate groups of students. MORE

Business owners say baby boomers are retiring and taking their skills and knowledge with them. Reports come on a regular basis from every sector of American business about the skills gap and the brain drain. Hiring managers says that higher education isn’t giving college graduates the skills they need. It’s not that job candidates were totally unqualified. MORE

Georgetown Center on Education and the Workforce report predicts: • 55 million jobs will become available by 2020. • 31 million baby boomers will retire in the next six years. • 24 million additional new jobs will be created as the economy recovers. • a shortage of 5 million workers with higher education. These numbers create a sense of urgency. Recruit the right people. MORE

These are the positions that will be vacated as Baby Boomers retire. Predictive analytics has become a valuable tool for universities and colleges to predict how successful a student might be. This information is used to create strategies designed to increase and support student success. Eduventures_Predictive_Analytics_White_Paper1.pdf). Analytics and Interventions. link]. trillion. link]. MORE

Offering student loan repayment assistance is one way to attract and retain the talent businesses need to fill the skills gap as older employees retire. Congratulations to the class of 2015. After years of grit and perseverance, sacrifice and hard work, these graduates have education and talents to bring to the marketplace. In addition, they have student loan debt. million in June. percent. MORE

Gaps between businesses’ current or future needs and employees’ skills may come from retirements of the baby boomers, but they also may be from a rapidly changing economy. When students enroll in classes they expect specific outcomes – the completion of a benchmark, a certificate, or a degree. Students’ outcomes are realized by planning and following guided pathways in their education. MORE

Today’s job market includes job growth from new jobs being created by changing technology and from retirements of an aging workforce. During the economic recovery most of the jobs that have been added are considered “good jobs” that are full time, and provide health benefits and retirement plans. By Adrienne Way, Edcor CEO. Now that the new school year is in full swing, the excitement of setting goals, achievement and moving forward is at its height. They are juggling work, family responsibilities and school as they acquire new skills to advance in their careers. MORE

Documented shortages of qualified workers, immediate need for skills, and upcoming “brain drain,” with baby boomer retirements have left companies scrambling for talent. Nowhere is this need greater than in leadership development. link]. Some people intuitively have leadership qualities, but for most people leadership development is a process. exposure to different cultures. link]. MORE

For 49 percent of these workers student loan repayment assistance is more important than contributions to a retirement plan. Whether new practices in higher education are labeled innovative, disruptive or alternative, one thing is certain: higher education is dynamic and the changes reach beyond the classroom. https:// cew.georgetown.edu/report/certificates/. MORE

For small-business owners and fledgling entrepreneurs, offering a solid retirement plan is no luxury — it''s a necessity. This article gives an overview of retirement plans small-business employers may consider offering their workers MORE

If you don’t currently offer your employees a retirement plan, you may want to pay attention. Legal News & Compliance mandatory retirement benefitsAt both the state and federal level, the government is continuing to push legislation to make mandatory. Visit site for full story. MORE

Check out this great retirement infographic from Personal Capital outlining a myriad of facts about 401k plans. From the amount of money most people are saving, to the amount most people need, this infographic has it all. Check out out, and if you like what you see then follow Personal Capital on Twitter here. Happy Friday, Rory. Benefits 401-k benefits hr human resources MORE

In 2012, California passed a law requiring companies with five or more employees to offer retirement plans. The California Secure Choice Retirement Savings Trust Act is expected to be implemented by. Benefits Retirement California 401K California small business retirement law in CaliforniaVisit site for full story. MORE

Every person reading this has been impacted in some way by a nurse. Whether they have a taken your vital signs at the doctor’s office, helped you recover from a surgery or taught you how to manage a chronic condition, their touch has been integral to your medical care. Nursing By the Numbers. This means that on an average day there are 1,174,286 RNs, plus additional LPNs, at work. MORE

Legal News & Compliance retirement Retirement laws CaliforniaOver 55 million Americans currently do not have a 401(k) or other employer-sponsored savings plan. On November 5, the U.S. Department of the Treasury responded to this growing issue by rolling out a. Visit site for full story. MORE

Businesses that harness the energy of the Millennial generation and focus on the value it brings to the marketplace are the businesses that will bridge the knowledge gap and Baby-Boomer retirements and build a dynamic workforce. The drive and energy of the largest generation is going to have a strong impact on business. By 2025 Millennials will make up 75 percent of the workforce. link]. MORE

There will be 55 million job openings in the economy through 2020: 24 million openings from newly created jobs and 31 million openings due to baby boomer retirements. • 35 percent of the job openings will require at least a bachelor’s degree; • 30 percent of the job openings will require some college or an associate’s degree; https:// cew.georgetown.edu/wp-content/uploads/2014/11/Recovery2020.ES_.Web_.pdf This weekend we honor the military Veterans who have served and are serving our country. Memorial observations, flags and parades aren’t really enough. will be short 5 million workers. MORE

Student loan debt is a hot topic among higher education leaders, economists and politicians. It has become an opportunity to propose quick and long-term fixes along with sweeping policy changes. More than that it is a problem that is both personal for the people who carry debt from their education and for the United States economy and society as a whole. economy as a whole. MORE

Do you offer your employees a retirement plan? major Gallup poll shows that retirement saving is Americans’ top financial concern. Employee Benefits Retirement benefitsIf not, now is the time to consider it. Yet almost half of. Visit site for full story. MORE

She gives the current loss of experience created by the mass retirement of the Baby Boomer generation as an example.). A provider of comprehensive education benefit outsourcing and consulting services takes the spotlight on the latest episode of Corporate Review. In this segment the host of the award-winning series, Jackie Bales, talks to Adrienne L. Way, Owner and CEO of Edcor Data Services LLC , about the many advantages of engaging the outsourced tuition asssistance administration company. Tune in to watch the Edcor Data Services segment airing on Bloomberg Television (as pd. MORE

Switching retirement providers to better meet the needs of your small business and its employees may be a daunting, but ultimately beneficial, experience. Here are some common reasons why businesses decide to make the switch MORE

Employers believe this problem will continue. • By 2020 the skills gap, an increase in retirements, and a shrinking workforce could cause more than 5 million jobs to go unfilled by 2020. Higher education, job openings and the global economy are three components of talent supply affecting businesses today. The problem for many employers is finding those highly qualified employees. Recent U.S. MORE

Some of these jobs will be from new jobs and some will be from retirement of workers. The United States competes globally for a share of the marketplace as well as for qualified workers, and workers of all levels are needed to keep the American economy strong and viable. According to Bureau of Labor Statistics from 2012-2022 there will be 1.3 million jobs in computer and math fields. MORE

Millennials, especially those who have just begun their first full-time job, may not be thinking about stashing savings away for their retirement. But it doesn’t have to be difficult. Is there anything an employer can do to encourage saving in an environment of low entry-level wages, and high college debt MORE

Without the fear of tuition costs or possible debt, current employees can be educated and trained to fill the skills gap than occur as businesses face changing market demands or retirements of an aging workforce. The greatest need facing businesses today is to find workers with the skills to fill the available jobs. One-third of the U.S. High Costs. Career Opportunities. MORE

While not necessarily on point, this case does segue into an important issue—mandatory retirement. It’s still a fairly popular misconception that businesses can force employees to retire at a certain age. In truth, with the exception of a few limited circumstances, mandatory retirement ages are about as close to a slam dunk case of illegal age discrimination you can find. MORE

The baby boomer generation is beginning to hit retirement age, and companies must prepare for what could be a major exodus. The US Bureau of Labor Statistics reports that as many as  one out of ten  workers will retire either this year or the next. The first thing to realize about the upcoming retirement boom is that it  may not be so much of a boom. Pass the Torch. MORE

Baby boomer retirements and current graduation rates are creating a future shortage of qualified workers. There are many forces that are changing higher education today. Non-traditional students are becoming the norm. The majority of future jobs will require post-secondary education. great disruption to higher education has been competency-based education. Dr. Michelle R. Microdegrees. MORE

With retirement plans come ERISA fiduciaries and their responsibilities: What are fiduciaries, and how do they help keep your retirement plan safe and functioning well for your employees MORE

The report states that over the next decade, because of economic expansion and baby boomer retirements, about 2.7 Enroll, study, graduate and find a job – at least that’s the plan most students have when they begin their education. But it turns out that this plan might not be quite so straightforward for many people. The Deloitte and Manufacturing Institute report The skills gap in U.S. MORE

The Washington Small Business Retirement Marketplace is offering a retirement solution for employers and employees MORE