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Like your mom always said, "If Jimmy jumped off a bridge, would you?" The lesson being, consider carefully whose lead you follow. Amid economic peril, that lesson is even more important regarding 401(k) advice. Forbes offers tips on separating the wheat from chaff on retirement advice.
New survey results from Sun Life Financial show that 46% of employees surveyed are "very confident" they will have enough money to take care of their basic living expenses at 67. however, a much smaller number (28%) are just as confident they´ll be able to handle health care expenses at that age….
Although much of the early response to the economic crisis — EBN's included — dealth with the blow to Americans' bank accounts and retirement assets, reports now are surfacing on how the financial slide has affected health care decisions for individuals and families.
Read up on the new Treasury regulations on executive compensation. It may make for an awkward conversation with your CEO and CFO, but you´ll want to stay on the right side of the law on this one – particularly the limits on golden parachutes (you don´t want to look like another Lehman, do you?)….
Could be good news, bad news on the 401(k) front, as the IRS announced it´s raised the annual contribution limit from $15,500 to $16,500, but congressional lawmakers want to take the bull in a china shop approach to governing the plans, seeking to eliminate tax breaks for investors and mandating participation….
We've got a top-notch Web Discussion coming up for you Thursday. Our recent Benefits Forum and Expo showed that wellness programs were one of, if not the top issue on benefit manager's minds.
Were you just a bit disgusted when you heard that AIG had sent their head honchos on a resort retreat just weeks after news of their bailout broke? Just think, they were getting rubdowns and enjoying five-course meals while you were sweating away over open enrollment business in your office. If you…
BlackBerries and iPhones for all! What employers spend in mobile technology like smartphones they may regain in spades in extra worker productivity, a study of federal employees by Telework Exchange finds. Federal employees who use a smartphone for work purposes report an average time savings/productivity…
Oct. 19-26 is the third annual National Save for Retirement Week. Promote the heck out of it among your employees, as research shows not all employees participate in retirement plans, and the ones that do don´t save enough.
New survey from the folks at Grant Thornton shows that CFOs are eyeing benefits. The firm recently asked about 700 CFOs and other financial executives "which types of pricing pressure are you most concerned about?"
All you DB plan sponsors out there investing in socially responsible funds to make money and a difference: Quit it! According to EBSA, the benefits arm of the Dept. of Labor, generating big returns are the only consideration plan sponsors may consider – not "political, corporate or other purposes."…
To improve productivity and reduce absenteeism, tell your employees you have their back, so to speak. A survey of HR leaders by Work Options Group reveals that 93% of your peers believe backup care helps employees balance work and family responsibilities, 81% say backup care reduces absenteeism; more…
Employees want to become healthier, and they are receptive to wellness programs offered by their employers. That´s the take-home message from the National Business Group on Health´s new survey.
Steve Watson of Staunton Chase International gives tips and suggestions on how to select and prepare employees for expat assignments. Plus, what to do when they return. See "Conducting Expat Profiling" in the October issue for more information.
It wasn't until several months into my first job that I heard the term "work spouse." Are you in the dark too? Do you know the co-worker (male or female) to whom you share your day-to-day gripes with? Spend your lunch date with, and discuss your kids? Yep, he or she is your "work spouse."
In honor of National Boss Day (today) we have three tips on effective communication from consulting firm Adecco. In keeping with our larger theme of more frequent communications from HR, distribute these to your employees with a short note about National Boss Day.
Sanjiv Kumar, a principal and managing director at Buck Consultants gives tips about how to retain older workers, address the aging workforce challenges head-on and preserve the knowledge that your company needs before it gets lost when older workers retire.
According to a new report by The Vision Council, "Vision Care: Focusing on the Workplace Benefit," two-thirds of Americans say they would be more willing to get an eye exam if they had some coverage, yet only 17% of employers report offering vision insurance. Vision benefits lag behind health and dental…
Working Americans are not hearing from senior leaders in their companies about the implications of the global financial crisis, according to new research released today by global public relations firm Weber Shandwick. The survey of 514 employed Americans shows that 70% expect the current economic…
Gen Y employees decide within six months if they want to stay with an employer. Tim Vigue of the Novations group talks about ways to engage employees in a productive manner. For more information, visit "The young are even more restless than imagined" in the October issue.