Every day we’re reminded that handling our finances is never easy. At the end of Q3 2020, the total American household debt reached a record high of 4.3 trillion; 1.6 trillion higher than the record set during the financial crisis.
But financial issues aren’t fates reserved...
Do you know what percentage of Americans on average were enrolled in a 401(k) in 2019?
Only 38%
Indeed, some jobs do not offer retirement savings, but many of the remaining 68% are American workers actively deciding not to take part in their provider’s 401(k). One of the...
'Once you’ve got your tech platform sorted, you can leverage different tools like breakout rooms and whiteboards
Implementing financial wellness programs with plan sponsors was already hard. Cue COVID-19 and the challenges have multiplied. Advisors are no...
Handling your finances can be challenging, especially for employees. Not only are workers losing sleep at night because of looming debts or financial insecurity, but the negative impact of those issues is also spilling over into the workplace.
Research commonly suggests that poor...
According to Forbes, 33 percent of American adults have exactly $0 saved for retirement, and a further 56 percent have less than $10,000 saved.
These poor financial decisions and unhealthy habits are affecting the bottom-line of the organizations they work for, in more ways than...
Employee engagement is key to running a healthy, successful company. But it’s notoriously difficult to measure. How can you get a solid read on employee engagement?
The answer is simple: engage with your employees. Employee surveys, when utilized properly, can be instrumental in...
Berkshire Hathaway CEO and self-made billionaire Warren Buffett turned 90 on Sunday, August 30. And he’s not slowing down.
In honor of the Oracle of Omaha’s big day, CNBC Make It rounded up six of his best pieces of investing — and life — advice.
...
Trust is the basis of all strong relationships. Without trust, there can be no open communication, no improvement, and ultimately, no success.
A Towers Watson Workforce Study shows that only 55% of surveyed employees in the United States had “trust and confidence” in their senior...
Healthcare Savings Strategies I, II, and III
Healthcare is only getting more expensive
Traditionally insured healthcare costs are increasing yearly at exorbitant rates. With the original cost of each claim so difficult to ascertain, it becomes impossible to gauge the appropriate...
In the past few years, human resources have rightfully earned their seat at the table to better represent their employees. However, they’re still struggling with the same issues they’ve battled with for ages. HR requires more than a seat at the table. While technology has allowed HR...
Do you know how much your 401(k) offering costs? It can sometimes be hard to tell, with fees coming out of earnings before employees even see them.
Some fees will always be inevitable, but knowing which charges to avoid can help you give your employees a highly successful retirement...
Today, technological transparencies are being applied to almost every aspect of our lives, to the benefit of consumers. Being more informed about costs and procedures means you can make more informed decisions.
Yet despite this progressive trend, the conventional 401(k) fee and service models...
There’s a popular term being thrown around, “employee engagement”.
Well, just so we’re clear:
A recent Gallup poll...
Aren’t 401(k)’s supposed to help companies retain employees?
Why don’t employees...
Emergencies naturally draw our attention — and our resources — to the present. The U.S. response to Covid-19 is no exception. Yet the problems exposed by the pandemic point to the urgent need to prepare now for the next waves of this crisis, including new clusters of...
Your company culture is the heart of your business. It reaches every corner of your company and if you don’t take care of it, you will see your business weaken.
Company culture is a selling point. It helps you recruit new talent and retain the employees you have. Yet many companies...
Your 401(k) plan is one of the strongest parts of your company’s benefits package. Offering employees a reliable way to save for retirement not only helps attract top-tier talent, but it bolsters retention and employee engagement levels. These are major benefits that you won’t be...
It’s no secret that health care is expensive. Yet providing a comprehensive benefits package to your employees is essential to retention, engagement, and the overall health of your company.
So how do you make sure your employees are getting the coverage they need without breaking...
