Tag: Willis Towers Watson

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 […]

pension

Study: Defined Benefit Plans Funded Ratio Increased Moderately in 2017

Strong market returns and larger-than-expected employer contributions shored up the funded status of the United States’ largest corporate pension plans modestly at the end of 2017, compared with the end of 2016, according to an analysis released January 2 by consulting firm Willis Towers Watson.

Wellness

Do Your Wellness Initiatives Make the Cut? 61% of Employees Say No

Nearly three-quarters (72%) of U.S. employers aim to improve their health and well-being strategies and programs over the next 3 years to differentiate themselves from organizations with which they compete for talent. This is up from the 18% that say they do so now, according to the 22nd annual Best Practices in Health Care Employer […]

finances

Financial Wellness: 59% of Employees Say Stress of Finances Negatively Impacts Work Performance

The financial well-being of U.S. employees reversed direction this year following several years of steady improvement, according to a new survey by Willis Towers Watson, a global advisory, broking, and solutions company. The biennial survey also revealed a large increase in the number of employees who say their financial woes are negatively affecting their lives […]

Pay

What Is the Biggest Challenge to the CEO Pay Ratio Disclosure Rule?

One half of U.S. companies say their biggest challenge in complying with the forthcoming pay ratio disclosure rule is forecasting how their employees will react, according to a poll by Willis Towers Watson, a leading global advisory, broking, and solutions company. The poll also found nearly half of respondents haven’t considered how, or if, they […]

leadership

U.S. Employees Give Senior Leadership Low Marks, Willis Towers Watson Research Reveals

U.S. employees give their senior leadership low marks on key aspects of people management, including the ability to develop future leaders, evoke trust and confidence, and demonstrate sincere interest in employees’ well-being, according to research from Willis Towers Watson—a leading global advisory, broking, and solutions company. Employees, however, give their immediate managers higher grades, although […]