Human Resources - HR Information

Fight the “Great Resignation” with the Alt401(k)

In the latter half of 2021, a trend of mass-resignation in the workforce has been the subject of numerous viral posts, and this widespread messaging has become a source of worry for employers as resignations continue to increase. Seemingly every day, another job-walkout post goes viral, typically featuring a screenshot

Human Resources

Helping employees save the environment as they save for retirement

ForUsAll is on a mission — to improve the financial future for you, your employees, and for us all. Now, with the introduction of five new investment funds, your employees can help improve the future for our environment, as they invest for their future retirement. And you can offer a valuable

Human Resources

401(k) Matching: 3 reasons why your boss will want to match your 401(k)

As someone on the front lines of human resources, we’d bet you’re pretty savvy about the challenges facing your workforce. Often, those problems are poor employee retention and slow employee recruitment. A painful combination if there ever was one. So what can be done? Offer a 401(k) with a match.

Employee Retention

7 Ways Employee Retention Benefits Your Company

Every HR team has specific employee management goals. Maybe you want to cut employment costs, stop spending so much time on recruitment, or find a way to boost employee engagement. For any of these goals (and many more), employee retention is an excellent solution. Let’s explore exactly how.

Human Resources

End-of-Year 401(k) HR Checklist

For HR teams, the end of the year often means wrangling end-of-year payroll, planning out headcounts, making sure employees use up vacation days and remaining funds, and tying up all the other loose ends to set things up right for the new year.

401(k) Participation

Increasing 401(k) Participation: 3 Brilliant Hacks You Can Steal from Netflix

Netflix and 401(k) participation… right off the bat, you’re probably wondering: what the heck do these have to do with each other? Well, as the 10,000+ companies who failed IRS nondiscrimination testing in 2017** would probably tell you, most employees would rather spend a couple hours bingeing

Financial Wellness

5 Financial Wellness Tips for Employees from Across the Web

Your employees are dealing with a lot of financial stress. Wages aren’t keeping up with the cost of living. Savings are low. Widespread student debt is delaying financial milestones. Retirement at 65 is becoming increasingly unattainable. And healthcare costs are rising. Whew, that’s a lot! Small wonder that

Financial Wellness

4 Keys to a Successful Employee Financial Wellness Program in 2019

Anyone who’s looking into financial wellness has probably seen this stat: financial stress among employees cost U.S. businesses over $250 billion a year. But it's a sad fact that not all financial wellness programs actually live up to the expectations, and more importantly, the real-life needs of the

Financial Wellness

Financial Wellness Statistics: 6 Reasons to Adopt a Program

69% of employees in the U.S. are stressed about finances. Financial stress costs companies, however financial wellness programs can help. Learn how these programs help - by the numbers.

Financial Wellness

Student Loan Assistance: How Employers Can Help With Student Debt

There’s a student debt crisis unfolding in the United States. It's the invisible, leaden backpack of the American workforce. While there are some solid loan-relief tactics for individual borrowers, the problem is just too big. Employees need help on a larger scale. There’s good news. Employers can do

Small Business 401(k)

5 Signs It's Time for a New 401(k)

Do you need a new 401(k)? If we’re being honest, this probably isn’t a question you ask very often. The 401(k) is a crucial benefit if you want to compete for talent. But once you have one, if you’re like most HR or finance professionals,

Employee Retention

Create a Killer Employee Retention Plan in 5 Simple Steps

Putting together an employee retention plan is an exciting opportunity. Being successful with employee retention can have a huge impact on your company’s bottom line. More notably, it can have a huge impact on your career! You’ve seen the stat everywhere: the average cost to replace an employee

Human Resources

Retirement Benefits For Employees – Why The 401(k) Is The Best

Are you thinking about offering retirement benefits for your employees? Maybe you want to help your employees build their retirement nest eggs. Or you’re ready to start saving for retirement yourself. But you’ve heard that 401(k)s are expensive and a chore to run. That’s true

Employee Retention

The 7 Best Employee Retention Ideas We’ve Ever Seen

Employee turnover is a frustrating problem. It causes a ton of administrative hassle. You constantly have to be on the lookout for replacements. Oh yeah, and it’s extremely expensive. Employee turnover is a really difficult problem to fix, too. There’s no silver bullet, and the solution isn’t

Employee Retention

How To Calculate Employee Turnover and Retention Rates - 5 Useful Formulas

Your goal: figure out the specific calculations for important employment metrics like turnover rate and retention rate. Our goal: Make it so you don’t have to Google this ever again. With those goals in mind, let’s get right to the calculations! Want to skip ahead? Use these links

Employee Retention

The Best Employee Retention Articles and Resources from Across the Web

High turnover to contend with? Low employee engagement giving you a headache? Workers looking for the door? Revitalizing your employee retention can be a daunting undertaking, but we’re here to help. Here are all the employee retention articles and resources you’ll need to get informed, get inspired, and

Human Resources

New HR Job? Here’s a 90 Day Plan To Master Your Role

If you are a new member of the human resources department – or if you are the HR department – you have a lot on your plate. Between payroll, medical benefits, recruiting, reviewing employee performance, evaluating office policies, or building employee handbooks, you’re probably swamped. If your company offers a 401(

Employee Retention

4 Employee Retention Strategies For The Hospitality Industry

Employee retention is a serious issue in the Hospitality and Food Services sector. According to the Bureau of Labor Statistics, the sector has an annual turnover rate of 73.8%, with over 6% of staff leaving every month. This figure by itself is alarming, but it doesn’t stop there.

401k Administration

How to Maximize 401(k) Contributions for Key Employees

So your business is humming along and you’d like to maximize retirement benefits and 401(k) savings for your top performers. And, if your company can boost business deductions along the way, you’ve got a win/win on your hands. But how should contributions to retirement accounts be

401(k) Participation

How Employee Financial Wellness Impacts Performance

If your small business offers a 401(k), give yourself a pat on the back. You are building a retirement nest egg and providing your employees the chance to do the same. But some employees may be reluctant to sock money away for years because they are concerned about their

403(b)

401(k) and 403(b) Education: How to Set Up Employees for Success

When it comes to educating participants, plan sponsors running ERISA retirement plans must, at a minimum, notify employees annually that they have the right to participate in the plan, or to make changes. But there is a lot more plan sponsors should do to help employees save for retirement besides

401(k) Participation

401(k) Enrollment: How To Get More Employees Saving

More 401(k) plan sponsors are trying new ways to motivate employees to enroll in the company’s 401(k) and save for retirement. According to Deloitte’s recent defined contribution survey, plan sponsors are increasing communications, while beefing up education and financial wellness tools. Per the Deloitte 401(k)

401(k) Participation

Use 401(k) features to nudge employees toward a successful retirement

Retirement savers can give a well-deserved round of applause to Richard Thaler. The University of Chicago professor was recently awarded the Nobel Prize in Economics for his insights into the emerging field of behavioral economics. Thaler’s career has been so successful that some economists no longer believe humans are

Small Business 401(k)

Five Ways To Optimize Your Small Business Retirement Plan

When you are running your small business, no two days are the same. But do you have the time and the staff to keep up with the evolving 401(k) market as well? Regulatory changes are presenting new risks for sponsors of retirement plans at small and mid-sized businesses. And

Human Resources

Why your participants should avoid active trading of 401(k) investments

Passive investments, including target date funds can keep 401(k) participants on track Research shows that the average equity fund investor earns below average returns. How can study after study show that the average investor earns below average returns? Perhaps it’s best to present the results obtained by Dalbar,