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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

To do this, the law makes broad changes to the foundation of retirement preparation in the U.S.: employer-sponsored 401(k) plans. All company retirement plans started in 2023 and thereafter must have an automatic enrollment and escalation provision – also known as “ you’re in unless you’re out.” The SECURE 2.0

401(k) 108
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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

As an employer one needs to understand what fringe benefits are. Fringe benefits are the additional compensation that companies offer to an employee, over and above the salary for doing a particular work. The importance of fringe benefits can be explained, simply put as a great motivators.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. You can by writing solid job descriptions, setting up sustainable pipelines for attracting new talent, relying on referrals, and perfecting onboarding & the recruitment process.

Salary 105
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Employee financial wellness: Why it matters in the workplace

Insperity

59% of employees feel their salary has not maintained pace with the rising cost of living. You also don’t want to have to continually replace people who leave for a better salary – it’s costly and time consuming to recruit and train new employees. But increased salaries may not always be feasible.

401(k) 100
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What Does HR Do All Day?

HR Lineup

It plays a crucial role in recruiting, hiring, training, and managing employees. Recruiting and Hiring One of the primary responsibilities of HR is to recruit and hire employees. Recruiting and Hiring One of the primary responsibilities of HR is to recruit and hire employees. Roles and Responsibilities of HR 1.

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List of A-Z Human Resource (HR) Jargons

HR Lineup

From recruitment and performance management to training and labor relations, HR jargons are used to describe various processes, functions, and concepts within the realm of human resources. Applicant Tracking System (ATS): An ATS is a software application used to manage and automate the recruitment process.

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Employee Benefits: Types, Cost & Examples

HR Digest

When you’re starting a new job , it can be overwhelming to learn about all the benefits that are available to you. But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters.