66% of retirement plans work with a retirement plan consultant or advisor, according to 2017 PLANSPONSOR Defined Contribution survey. This number has steadily grown the past few years. The top 3 reasons[1] plan sponsors say they hired an advisor are: #1 Want to better understand how well my plan is working for my employees and
There is a difference between having a choice and making a choice. Open enrollment is in full swing, which sheds light on the tough decisions that employers and employees need to make this time of year. Over the past 50 years, we have seen a great shift in how employers offer benefits to their employees.
Employers have learned that improving the health and wellness of their workforce yields benefits for both the organization and employees alike: When health is improved, employers enjoy a more productive workforce with fewer absences, along with fewer demands on the employer-sponsored health insurance. Employees gain from better health and reduced medical costs. Individuals feel empowered
Most people can agree that health, happiness, and productivity at work are related concepts. Companies have a unique opportunity to foster all three, with a workplace wellbeing program. During the last decade, workplace wellbeing programs have become commonplace, but what makes a program successful? When trying to figure out the “special sauce” that makes a
A new law requires employers in New York to adopt a sexual harassment policy and training program that meet certain standards. Details of the new requirements are presented below. Model Policy The state is expected to create and publish a model sexual harassment prevention guidance document and sexual harassment prevention policy. Every employer must adopt
