Trends spotted in this analysis do tend to support the theory that greater diversity among an employer's overall workforce and its management team leads to better financial results.
The cost-of-living crisis is having a major impact on employees (particularly women, Gen-Xers, boomers, and Hispanics), says new report. Employers need to educate them about mental health and financial wellness benefits.
Failing to take advantage of basic health plan benefits, like screenings and wellness check-ups that are usually free or come with a low co-pay, indicates that employees do not understand their benefits and need help, says a new survey.
The projected increase remains below the 8.3% CPI inflation rate. Small solace for plan sponsors seeking the ever-elusive predictable annual premium increase.
The bill's sponsors estimate a modest diversification into "alts," including real estate and private equity, could boost 401(k) performance by 17% a year and cut losses in a recession.