Tag: Willis Towers Watson

predictions

Employers Predict Most Furloughed Workers Will Return by Q1 2021

Were you one of the many employers that brought workers back in late spring, only to furlough or lay them off in early summer due to rising rates of the coronavirus? If so, you’re not alone, but now that your workers have been furloughed again the next question becomes: when can we really bring them […]

Cost

Hiring Freezes Most Common Cost-Containment Strategy During COVID-19

What a difference a few months make! At the beginning of 2020, all we could talk about was the candidate-driven market and how jobseekers held the upper hand in deciding who they worked for. Now, due to the coronavirus (COVID-19) outbreak, it seems employers are back in control, but they aren’t hiring.

retirement

Financial Wellness: Employers Enhance DC Retirement Plans to Improve Employees’ Financial Security

With concerns mounting that employees aren’t saving enough for retirement, U.S. employers are making significant enhancements to their defined contribution (DC) plans, now considered the main retirement savings vehicle for most working Americans, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company.

401K

Tax-Reform Changes Lead Some Employers to Raise 401(K) Matches

A handful of large U.S. corporations announced they are raising the employer match for their 401(k) retirement plans or are making other changes in their benefit plans in the first month after a tax reform law was signed by President Trump. And nearly half of companies surveyed said they are considering taking such an action […]

The Tech Effect: Tailor Your Tactics for Better Engagement

In part 1 of this article we uncovered the latest pulse of tech-employee engagement—along with a peek into the differences that are fueling its low ratings. Today we continue with three more ways to refocus your workforce strategies on this all-important employee group, as suggested within fresh research by Willis Towers Watson.

Retention Correction: 5 Ways to Give Techies What They Crave

Technology workers seem to have it all: They earn more than most workers and they also have better job prospects, with projected employment in tech-related fields growing 22% by 2022, according to the U.S. Department of Labor.