Retain Top Talent with Retirement Plan Vesting Schedules
Posted: December 13, 2024
Your people are your most valuable resource, but how do you keep the stars in your company from moving on? Fostering employee loyalty in a hybrid and work-from-home environment could require more effort. Several strategies can inspire greater loyalty from the employees you want on your team. One effective method for incentivizing your employees is a well-structured vesting schedule. How Vesting Works “Vesting” means to...
5 Employee Benefits That Matter to Gen Z in 2024
Posted: June 28, 2024
“Generation Z” comprises people born between the mid-1990s and early 2010s. They are also commonly known as “Zoomers” because they needed to use remote conferencing tools like Zoom for school during the COVID-19 pandemic. Since the pandemic, they have been seeking stability, remote work options, and mental health support. Financial challenges, climate anxiety, and dependence on digital tools shape their priorities. To attract this generation,...
What Happens If I Leave My Company Before Becoming Fully Vested?
Posted: June 13, 2024
Vesting is a process through which employees gradually earn ownership of benefits provided by their employer, such as retirement savings through 401(k) plans or stock options. This process is vital to retaining and motivating employees, as it rewards their long-term service and encourages loyalty and commitment. Vesting opportunities attract top talent and foster employee engagement and dedication, ultimately contributing to the company’s success and stability....
10 Group Benefits with Tax Credits
Posted: April 13, 2024
With Tax Day just around the corner, many businesses are looking for ways to maximize employee tax savings and benefits. While it may be too late to enjoy these tax savings for 2023, there are still valuable opportunities to explore for future tax years. Here are 10 group benefits options that receive tax credits that your business should consider: 1. Health Insurance Offering health insurance...
Benefits That Will Spread a Little Cheer to Your Employees
Posted: December 13, 2022
Your employees rely on your company's benefits, including health insurance, dental insurance, or even the cost of education. The better the benefits package, the more likely you will attract the best talent – benefits are a factor in a competitive job market. Even with an excellent benefits package, spread a little cheer to your employees during the holidays by offering some unique benefits. Holiday Bonuses...