HR should help employees start planning for retirement long before their final days on the job.Planning for retirement involves more than redistributing the assets in a 401k plan. To make the most of life after leaving the full-time workforce, experts say, employees should start long before their final days on...
The lackluster performance of 401k plans during the past few years has made many employee participants jittery, and increasingly they’re looking for employer-sponsored help on handling retirement investments. Typically, it’s HR’s role to connect em..ployees with sources of financial education, such as company-paid seminars, online investment tools and other information...
To help employees make informed choices about their retirement planning options and, in particular, their 401k funds, HR professionals, and benefit managers must provide them financial education. To be sure, factors other than the sheer number of funds can have a bearing on participation in 401k plans. This article discusses...
Human resource professionals who manage their firms’ retirement benefits need to get smarter about what their companies now pay—and what they should be paying—for their 401k plans. Plan sponsors should be proactive and understand where they are and how their plan is structured currently, rather than finding out that you’ve...
Hiring separate vendors to handle the company’s payroll and health insurance needs but concluded that a single point of contact would avoid confusion. It tends to be a little more expensive than doing it in-house, but if one puts a value on time, it is probably less expensive. Business owners...
Friends of the Children-Portland, a nonprofit that provides at- risk children with long-term mentors, has appointed Mami Fujii to its ambassador board. Fujii is an associate with the Portland office of Schwabe, Williamson & Wyatt. Its practice focuses on tax and estate planning. She also helps employers...
In addition to plan sponsor and fiduciary, employers may need to add watchdog to their list of roles in overseeing their retirement plans. The workplace remains the primary venue for employees to seek retirement advice, and HR/benefit managers increasingly are meeting the demand, as 40% of employers offer...
WASHINGTON -- The Human Resources Association of the National Capital Area (HRA-NCA) released its 2008 Washington DC Area Benefits Survey at a luncheon held last week at The City Club. HRA-NCA represents almost 600 human resource professionals in the area and is the area Chapter for the...
Web-Based Service to Help Clients Manage New 403b Regulations NEW YORK -- TIAA-CREF, the leading provider of retirement services in the academic, medical and cultural fields today introduced TIAA-CREF's Compliance Coordinator, a web-based application that will allow retirement plan sponsors to proactively manage plan participant...
ExpertSource: TOPIC: As mortgage troubles continue, a few companies are stepping in to assist their employees who are facing foreclosure, according to an article by the Wall Street Journal. These companies are providing interest-free loans, grants, employee-assistance programs and educational seminars on personal finance. A...
Kirby Davidson has been named president and CEO of the Graduate School of Banking at the University of Wisconsin-Madison. Davidson, currently the school's vice president of marketing and banker relations, will assume his new role in October after current president, Harry Argue, retires. Davidson, 46, got the news...
Well, it all comes down to this. The Society for Human Resource Management SHRM has been my home, and a piece of my heart, for more than 20 years. And now, as I look forward to my retirement this month, I've reached my final column for HR...
Pebble Beds To the Editor: As a South African born and bred who has taken U.S. citizenship and can now call myself a bona fide African-American, I read your article about the South African pebble bed reactor February with great interest and not a little pride. Through the...
Recent employment reports show signs of the early patterns of a recession, and therefore many economists are forecasting an increase in layoffs during the coming months. [ILLUSTRATION OMITTED] But some labor-market experts aren't so sure. They say employers may be less likely than...
Tanzania is not only a land of spectacular beauty, the resilience of the economy and the people is remarkable. Regina Jere-Malanda has been looking at how the government is building on its ambitious development vision aimed at turning Tanzania into a middle income country by 2025. ...
Last month, representatives from Greater Spokane Incorporated and several SpoÂkane-area companies travÂeled to Southern California looking to strike it rich. But unlike the gold rush of the 1800s, they were mining for workers, not precious metals. In anticipation of the coming wave of baby boomer retirements, companies here...
Employers in Mercer County, like many businesses nationwide, are increasingly concerned about the gap between what young people are learning in school classrooms and the sometimes very different skills they are expected to bring to the workplace. While preparation for work is not the sole mission of our schools,...
Gladys C. Ahrens Vice president, Administration & Public Relations Chernoff Diamond & Co. Ahrens oversees the administrative and support functions of this Garden City-based benefits and risk management firm's health and welfare, retirement planning, risk management and private client services practices....
Byline: Do you remember the events of the past year? If so, try our quiz for a chance to win a Harrods' hamper January 1. Name the Leicestershire building society that landed itself in hot water after...
HR Survey Finds Recruiting and Retaining Tomorrow's Leaders and Skilled Employees Is Number One Priority SHRM Foundation Pledges Resources to Address Need ALEXANDRIA, Va. -- A new study released today concludes that the most critical challenge facing America's chief executives and their organizations...
Articles 2007-12-13
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