Video: Building Turnover Resistant Benefits
- Bjork Group
If you’ve noticed that recruiting and retaining is becoming more difficult by the day, you’re not alone.
Note that 66% of employees have their foot out the door. Why?
If you’ve noticed that recruiting and retaining is becoming more difficult by the day, you’re not alone.
Note that 66% of employees have their foot out the door. Why?
With trillions of dollars in America’s retirement savings plans, your employee’s hard-earned savings are not immune to cybercriminals. Hackers are getting smarter every day, and all they need to drain an account is a name, SSN, date of birth, address and social media intel.
Today’s workforce spans a variety of abilities, skills, experiences and cultural backgrounds that bring exceptional value. It is beneficial to understand and recognize these differences to achieve exceptional results. This remains true when offering, communicating and promoting your company’s retirement plan.
DOL Audits happen, are you prepared?
The value-driven workplace and its implications for retirement plans
The workforce is changing as we know it, and efforts like DEI, sustainable ESG investing and proactive preparation for DOL audits can help employers like you keep up with this transformative period.
Retirement plan committees are super important; they set the direction and priorities of the company’s retirement plan. These actions (or inactions) can have a huge impact on how successful employees are at preparing for retirement.
With Cycle 3 deadlines fast approaching, now is a great time to review your retirement plan. Measuring your retirement plan’s data provides key information to help increase its competitiveness, which can be extremely helpful in today’s labor market.
As we begin to say goodbye to 2021, let’s look forward to the new year by addressing employee financial habits after COVID, how a K-shape economy is impacting your workplace and how your retirement plan committee plays an important role in helping employees pursue retirement plan goals.
When was the last time you reviewed your retirement plan - 5 years ago, 3 years ago?