Employee Participation

Under current law, employers may only use surplus pension assets for other benefits if they terminate the pension plan, but the American Benefits Council said their proposals would raise billions of dollars of revenue and be beneficial for employees, employers and taxpayers.

The multiple jobs trend is a reality in the current workforce and the shifts in how people live, work and create financial stability. Whether driven by necessity, motivation to live a certain lifestyle, or the desire for flexibility, traditional employment is evolving.

Interestingly, 70% of employees believe that return-to-office (RTO) mandates are being used as a deliberate strategy to encourage employees to quit.

The Employee Ownership Fairness Act and The Employee Ownership Representation Act would allow employees to save more money for retirement and invest more in their employer's stock ownership plan.

Employees are now able to immediately reallocate the value of their unused time off toward a wide range of individual goals with convertible PTO.

Employees say they are happy at work, but many report anxiety about job security and are taking steps to protect their jobs.