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.
Over half of employers (53%) reported that they took action via internal communication to increase employee enrollment in benefits programs in 2007, more than doubling the figure (25%) of employers that did so in 2003, according to a new survey.
The Internal Revenue Service has posted a sample "Automatic Enrollment Notice" online to help plan sponsors satisfy requirements under proposed regulations issued in the fall on new safe-harbor qualified automatic contribution arrangements (QACAs) under Internal Revenue Code Section 401(k) (13) and on eligible automatic contribution arrangements (EACAs) under Code Section 414(w).
Money still speaks the loudest when it comes to attracting job candidates, but the importance of having a good benefits package has risen markedly according to a new survey conducted among chief financial officers (CFOs).
While gender still has a significant impact on the likelihood of an individual receiving a retirement annuity and/or employment-based pension income in retirement, the gender gap is closing according to a new study by the Employee Benefit Research Institute.
About one in four HR professionals report that less than half of their employees participate their employer's retirement savings plan, according to a recent Compensation.BLR.com poll.
