We discuss what our clients and other employers are doing to manage risks, promote employee productivity and morale, reduce costs and improve their organizations as a whole.
Congress passed (and the President signed into law) two spending bills, one of which contained the provisions for the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”).
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FMLA may be an option for an employee that is suffering from workplace stress, especially if it rises to the point of a serious health condition that affects the employee’s ability to perform their work duties.
Microsoft IDs notable phishing scams, DOJ charges Russian hackers, new intimidation tactics target ransomware victims and other cyber risks.
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School districts are facing unprecedented challenges with
recruitment and retention. Districts must compete for
top talent amid staff shortages, dwindling budgets, and
increasing employee demands for better benefits and
higher wages. Complicating this challenge is the fact that
more district staff members are leaving their posts than
ever. For this reason, student loan assistance is an emerging
benefit districts can offer, and can be more affordable
than you would think.
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In today’s competitive talent marketplace, student loan assistance is an emerging benefit that any company can offer to encourage the younger generation to join or stay with their company. How a company can implement this can vary greatly. There are plenty of examples of unique offerings of this benefit, but this article focuses on three common HR initiatives that you might have on your plate for 2019: recruiting, retaining, and engagement.
According to the Federal Reserve, 44 million Americans owe a staggering $1.56 trillion in student loans, and the average incoming college-educated worker has over $37,000 in student debt (a $20,000 increase from just 10 years ago). As a result, the average college grad will take over 21 years to pay off their student loan debt making minimum payments. Many of the negative effects of overwhelming student debt include delaying the decision to buy a house or start a family, save for retirement, or just cause a tremendous amount of financial stress.
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