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For those reasons, employee benefits are in position to play an important role in talent acquisition and performance management. They can help smart companies recruit, retain and engage employees.
Key findings from a 2023 MassMutual quiz about basic Social Security retirement benefits revealed 69% of respondents failed or barely passed. One-third, 34%, passed with a D grade while more than ...
Before 2014, members of Congress and their staff had access to essentially the same health benefits as federal civil servants; they could voluntarily enroll in the Federal Employees Health Benefits Program (FEHBP), an employer-sponsored health insurance program, and were eligible to participate in other programs, such as the Federal Flexible ...
McDonald's employees and the employees of participating independent franchises offer employee benefits to improve English language skills, earn a high school diploma, work toward a college degree, and get counseling about education and career plans. The corporation has spent more than $100 million on the program over the past four years.
American College of Employee Benefit Counsel. The mission of the American College of Employee Benefits Counsel is to increase the public's understanding of employee benefits law and to raise its standards. It encourages the study, development and sponsors continuing legal education of employee benefits laws.
Using 2000-2024 estimates, the annual hike in the average monthly benefit of all retired-worker beneficiaries was 3.53%. At this pace, the benefit could jump 23% to $2,348 by January 2030.
McKeon says that communicating existing benefits to employees helps drive engagement, as does creating a dedicated role. “Just the title says to everybody, 'We're focused on employee engagement ...
A 401(k) loan is a type of loan that allows active employees to borrow from a retirement account balance, making you both the lender and the borrower. Not all retirement plans allow for 401(k ...
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