Since the DOL proposed a new independent contractor rule in October, one of the most critical considerations before hiring a new member of the staff is classifying them correctly, however, there are other important factors.
The cost-of-living crisis is having a major impact on employees (particularly women, Gen-Xers, boomers, and Hispanics), says new report. Employers need to educate them about mental health and financial wellness benefits.
Environmental, social and governance investing is likely to remain a hot topic under different administrations, so what's a benefits professional to do? Remain nimble in complying with rules that are likely to continue to evolve.
Surveys show that most workers want more help from their plan in understanding how the choices they make will impact their retirement income, and with more clarity comes greater confidence—and likely better enrollment and contribution rates.
Another lawsuit was filed this week, asking the Supreme Court to halt the plan, which has already taken applications from 26 million people seeking up to $20,000 in debt forgiveness.
Some companies – Google, IBM, Wells Fargo – also join the growing list of other cities and states that have adopted various wage laws in a bid to close the gender and racial wage gaps.
In light of inflation and a possible recession, there are a number of strategies and tools that employers and advisors can offer, such as digitally enabled, low-cost, personalized retirement advice, says a new study.
Building a diverse workforce creates an environment that supports innovation, which in turn drives profitability and positions a company as a market leader.
With more than half (52%) of Americans either actively looking for a job or expect to be in the next six months, employers should increase paychecks, provide training opportunities or emphasize mental health, says a new study.