The agency also wants to renew the requirement that employers collect other worker demographic data per the Civil Rights Act of 1964.
Legislation, not DOL guidance that switches depending on who's in office, is needed for ESG investing to take hold for plan sponsors.
In addition to traditional health care and retirement offerings, modern benefits plans must help employers and employees address a variety of new challenges, including data protection and other difficulties presented by today’s digital landscape. Moreover, understanding the increasingly multi-generational workforce, their differing needs and how to create employee benefits strategies that suit this diversity is critical.
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