Each year, once the dust of open enrollment settles, employers always ask, “What could we have done better?” The usual answer: employee communication. HR is in a unique position to talk about open enrollment because of their relation to employees and their extensive benefits knowledge. With this in mind, consider having HR distribute open enrollment … Continue reading Spread the Word: Open Enrollment is Around the Corner
The Department of Labor’s Office of Compliance Initiatives launched a website to “provide workers with a centralized base of information regarding worker protections.” The site, worker.gov, is easy to understand and features prominent links to help you quickly find the answers you need. Consider promoting this site to employees as an additional resource for labor … Continue reading Did You Know?
If you think your employees are prepared for retirement, think again. Less than 40 percent of American workers feel like their savings are on track for retirement. In fact, 25 percent have no retirement savings at all, according to the Report on the Economic Well-Being of U.S. Households. An Education Problem Experts point to low … Continue reading Don’t Shortchange Your Employees’ Financial Literacy
Career and technical education (CTE) programs earned a huge win in July when President Donald Trump re-enabled a major source of their funding. The bill President Trump signed reauthorizes the Carl D. Perkins Career and Technical Education Act—last authorized in 2006—and amends the legislation to make its funds more accessible. Noteworthy Program Highlights Grants roughly … Continue reading CTE Programs Earn $1.2 Billion in Federal Funding