Tag: Employer Contributions

Communicating SECURE Act 2.0 Retirement Changes to Your Workforce

By Matt Baisden, Plancorp May 19, 2023 Benefits and Compensation

Updated: May 19, 2023

A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. While the original SECURE Act brought forth new changes, SECURE Act 2.0 far exceeds the […]

Retirement Survey Results–How Do You Compare?

By HR Daily Advisor Staff Mar 15, 2013 Benefits and Compensation

Updated: Mar 15, 2013

Only 33% of those who answered the question, however, automatically enroll employees, though 2.5% plan to implement auto-enrollment in the future. Other survey highlights: Most common match amount is up to 6% of salary (25% of respondents). Nearly half (48%) of employers offer more than 15 investment options. 26% plan to add a defined contribution […]

In States Where Unemployment Rates Rise, Employer Costs May Follow

By Employers State Law Alert May 8, 2009 HR Hero Line

Updated: May 8, 2009

According to the most recent Regional and State Employment and Unemployment Summary from the Bureau of Labor Statistics, state and regional unemployment rates continued their upward climb throughout the month of March. Forty-six states reported unemployment rate increases in March, and all 50 states and the District of Columbia have higher rates than they did […]