Small and midsized businesses eligible for relief via SBA's updated Economic Injury Disaster Loan program
The EIDL was established in 2020 to provide aid to small businesses and nonprofits that faced economic disruption due to the COVID-19 impact.
Retirement plans remain one of the most valuable benefits available to employees, who count on their employers to offer support for retirement planning and education, tax-deferred investment vehicles and access to investment guidance. The majority of employees who are offered a retirement savings benefit at work elect to take it, according to Bank of America’s Financial Life Benefits Report 2021.
The study found more men than women participate in retirement savings plans at 61 percent vs. 55 percent, and married employees are also more likely to enroll in a workplace retirement savings plan at 74 percent compared with 62 percent of single employees.
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Here are a few challenges that HR and compliance teams are likely to encounter as they expand diversity, and how best to overcome them.
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The sweet spot is when all factors combine to give you the best results. It’s tough to find when it comes to your healthcare benefits, but with many employees looking for new jobs, it’s essential.
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