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RETIREMENT BENEFITS
Minority Employees Trail in Retirement Plan Participation
By Patty Kujawa
The lowest participation is by nonnative-born Hispanic workers. Employers can tackle the problem of lower minority-worker participation through automatic enrollment, automatic escalation of deferral rates and adding more sophisticated financial education.
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In the News |
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SCHWAB STUDY
More People Roll Over Their 401(k) Assets
March 19, 2010 9:45 AM PT
Of the assets that were moved, 80 percent were rolled over into IRAs, 10 percent were taken in cash distributions, 8 percent were moved into new employer plans, and 2 percent were taken in other forms of distributions.
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APPROVED
House Passes Stopgap COBRA Subsidy Extension
March 17, 2010 3:40 PM PT
Federal COBRA health insurance premium subsidies would be extended temporarily once again under legislation approved Wednesday, March 17, by the House of Representatives.
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The Business of Management
Workforce Management editor John Hollon analyzes and comments on business, management and the art of leading a workforce.
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WHITE PAPER: Best Practices in Compensation
Compensation represents the largest of all expenses in most organizations. With such high stakes on the table, there is enormous demand for innovative business practices requires more than traditional compensation packages and a closer look at pay-for-performance models for more effective bottom-line business results. Download our Best Practices in Compensation white paper to learn how leading companies are designing new strategies and implementing creative compensation programs which are driving immediate results for long-term sustainability in this complex environment.
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Tools and Resources
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The tracker, created by the investigative news site ProPublica, uses near-real-time data on state revenues and the benefits they pay out, estimating how long the stressed state trust funds will hold up.
Employers and their agents should keep educational efforts simple and multifaceted, and should assume the long view.
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Complete archive of features and news articles, assessments, surveys,
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UPCOMING— Complimentary Web Seminars
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LIVE -- March 30 @ 2:00 p.m. ET
Is Employee Ethics Training Mandatory?
An Overview of Key Laws & the Ethics Impact of a Recession
The current need for ethics training is being driven not only by legal requirements, but also by our turbulent economy that has left employers feeling pressured to cut budgets, trim staff, and get more done with less. Attend this webinar to learn about the laws that mandate ethics and code of conduct training, the "ethics impact" of our Administration, and much more. Plus, get your questions answered by representatives from ELT and the world's largest employment law firm, Littler Mendelson.
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LIVE -- April 16 @ 1:00 p.m. ET
A Facilitator's Guide to Training & Collaborating across Generations
Today, more than ever, organizations must help members of various generations work more collaboratively and ultimately improve productivity. Join Luisa Kurtz and Rebecca Hefter of talent development firm Novations for this interactive Webinar that will help you learn how to engage people from different generations. You will learn: best practices for hiring, training and communicating with people from each generation; how to promote a collaborative culture where generational differences contribute to a rich learning environment; and more.
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| Dear Workforce |
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A question-and-answer newsletter addressing some of the most common and most
obscure HR. Ask a
question about whatever's important to you-whether it's HR, recruiting,
benefits, compensation, or training. |
Use this opportunity to institute a common performance process.
Eligibility audits could help companies spot areas of abuse concerning their insurance payments.
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Special Reports
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At a time when plaintiffs’ attorneys are probing employers’ plans for systemic vulnerabilities that could lead to class-action suits and multimillion-dollar judgments, plan sponsors and fiduciaries should review their retirement and health plans and take steps to reduce the potential for litigation. Here are some areas for review.
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