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There is no arguing that the role of a people leader is critical to an organizations short and long-term success.

"We don't believe that AI will replace managers, but managers who don't use AI will be replaced by those that do," says Parul Mishra.

Employers are implementing initiatives in these five areas: the high cost of living, retirement preparedness, health care costs, budgeting and money management, and daily living expenses, according to a new EBRI report.

The question now is not just about managing health care costs but about finding effective and sustainable solutions.

After denying a request by financial groups to extend the public comment period for the new proposed rule, the DOL is now giving stakeholders a chance to make their case at a virtual hearing on Dec. 13 and 14.

IBM's recent announcement to switch to a "hybrid" model of defined benefit plan could make the case to bring back a version of the classic retirement benefit, which could be a powerful tool for retention in a tight labor market.

Employers are feeling the pressure, wanting to provide meaningful benefits but also needing to ensure they are cost-effective and adding value.

The repeated use of small loans by participants to cover immediate expenses is draining retirement funds, however, implementing an emergency savings program is one way employers can help address this issue, says a new report.