After a sharp increase in the number of plans and the number of participants during the 1990s, growth has slowed in recent years for 401(k) plans, says the Employee Benefit Research Institute.
The Lifelong Learning Accounts Act of 2008 (H.R. 6036) would establish employer-matched, portable educational accounts that workers could use to finance their education and training, according to Rep. Rahm Emanuel (D-Ill.), who sponsored the bill.
A large majority of HR professionals report that they have witnessed an increase in the number of employees expressing concern over their finances, according to a recent Compensation.BLR.com poll.
Workplace wellness and health awareness programs have grown in popularity, particularly within the past decade. Despite these efforts, the majority of respondents to a recent Compensation.BLR.com survey report that the overall health of their workforce has not improved.
Want better retention, lower absenteeism, improved recruitment, and higher productivity at your company? This is the potential ROI you can achieve if you take a generational approach towards total rewards. This was a message delivered at a breakout session Wednesday at the 2008 WorldatWork Total Rewards Conference & Exhibition in Philadelphia.
A new survey reports that nearly three out of four U.S. workers are stressed due to financial concerns and that nearly half report that their financial stress impedes their productivity at work. The survey also indicates that many workers would like to have financial counseling available through their employers.
A new report on obesity presents some stunning statistics, none less so than the impact on employers, as reflected in this article's title: Obese employees are costing U.S. private employers about $45 billion each year in medical expenses and time lost from work, according to The Conference Board. But that's not to say that employers aren't reacting to the problem.
EBRI has been tracking American workers' confidence in being able to afford a comfortable retirement for 18 years. This year, EBRI's Retirement Confidence Survey results show that this level of confidence has dropped precipitously from 2007, reflecting "the biggest one-year drop" in the history of the survey.
A new study suggests that it is the size of the employer for whom an individual employee works for--not an employee?s income--that is the top determining factor as to whether an employee participates in a retirement plan. It found that the larger the size of the employer, the greater the likelihood that an employee will participate in a company-sponsored plan.
