6
Read Time: Min
Did you know, according to the American Retirement Association, one in five people who are near retirement age have no money saved? Despite all the talks of a retirement crisis and fears of people running through their savings too quickly, still, millions of Americans do not have access to retirement savings plans at work. Many of today’s workers will lack the resources to retire at traditional ages and maintain their standard of living in retirement.
$authorProfileLink
6
Read Time: Min
When we look at the data, the 401(k) hasn’t worked very well to help most people save for retirement. In fact, Americans are currently facing a retirement crisis. In spite of the high average levels of retirement confidence reported in national surveys, one out of three of Americans has saved nothing for retirement. Zero. Zip. Nada. According to a national report, 56% of employees have less than $10,000 saved.
$authorProfileLink
6
Read Time: Min
$authorProfileLink
6
Read Time: Min
For the first time, the American workplace has as many as five generations working side-by-side. This includes Traditionalists/The Silent Generation, Baby Boomers, Generation X, Millennials/Generation Y, and Generation Z.
$authorProfileLink
6
Read Time: Min
Workload issues, communication breakdowns, lack of productivity – all can sometimes seem par for the course at the workplace. Yet, those issues are downright mundane compared to the challenges facing fishermen, taxi drivers and maintenance workers, whose jobs are ranked among the most dangerous in America.
$authorProfileLink
6
Read Time: Min
To control the rising cost of health care, more and more companies are complementing their benefits offerings with transparency resources. According to a recent Mercer survey, 82 percent of employers will offer transparency services in 2018. These services empower employees to understand, locate and ultimately select quality, cost-effective health care treatments, procedures and providers. That translates to reduced out-of-pocket spending for employees and lower health care costs for their employers.
$authorProfileLink
6
Read Time: Min
Are businesses responsible for the financial well-being of their employees? And if companies offer wellness programs as a benefit, what are the chances that education can make a difference in the lives the employees or even to the bottom line of the company?
$authorProfileLink
6
Read Time: Min
The beginning of a New Year is an ideal time to take stock of the impact of your worksite wellness program is having on both the organization and its participating employees. Assessing your impact is critical for three key reasons:
$authorProfileLink
6
Read Time: Min
In one of its last acts before leaving Washington for the holiday break, Congress passed a far-reaching overhaul of the federal Tax Code. Although the benefits-related provisions of the Tax Cuts and Jobs Act (Public Law 115-97) are far less ambitious than those included in the House bill, the Act still makes a number of significant changes to the tax treatment of employee benefit plans.
$authorProfileLink
6
Read Time: Min
Should my company outsource benefits administration? It’s a legitimate question to ask when considering ways to streamline your business operations. Human Resources departments are often considered overhead, so outsourcing one or more responsibilities in this area can open up that highly valuable department and improve ROI.
$authorProfileLink
Cover Article
