Banco Popular de Puerto Rico

Human resources technology is undergoing a wave of reinvention and innovation and managers need to prepare for the future, says Deloitte’s Josh Bersin.

The biometric screening can assist HR managers in effectively tracking workers’ hours.

The new tool, which integrates with the company’s HCM system, takes information from older systems and stores it on the cloud.

Employers tried new strategies to tame benefit expenses, such as self-funding and association health plans.

Seniors who are 70 1/2 and older should ensure that they take their first required minimum distribution from tax-deferred retirement accounts by Dec. 29.

From the push for repeal and replace at the beginning of 2017 to tax reform coming in at the tail end, laws and legislation for employers has been a roller coaster over the past 12 months.

As the tools meet employees where they are, advisers must serve as vendor managers.

Employers are looking for a partner who is knowledgeable about regulatory changes, will focus on improving 401(k) performance and will help minimize costs.

Workers may want to opt for a fund that follows small companies as they will benefit from a lower corporate tax rate under the new tax law.

Financial Finesse and the Global Retirement Partners Advisor Alliance are two years into a program that now reaches more than 500 employers, including New York’s finest.