Erring on the high side when choosing a 401(k) savings default-contribution rate won’t likely discourage employees from participating in the plan, new research suggests. Plan sponsors’ experiences back up this finding. Setting default rates between 7 percent and 10 percent did not result in lower enrollment when compared to a 6 percent control rate.
Push 401(k) Default Savings Rates Higher, Researchers and Plan Sponsors Agree
Milwaukee Area Employment Law Attorney: 200 South Executive Drive, Suite 101 Brookfield, WI 53005 Phone: 262-241-8444
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DOL's Final Rule on Disability Claims Procedures to Take Effect April 1
Janet L. Heins|Benefits Compliance, Disability Benefits, News, Relationship Management, Benefits, Compensation, Equal Pay, Pay
The U.S. Department of Labor (DOL) announced that employee benefit plans must comply with a previously delayed final rule...
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Lack of Communication Sinks FMLA Claims
Janet L. Heins|Benefits Communication, Communication, Family and Medical Leave, News, Benefits, Compensation, Equal Pay, Pay
An employer has no obligation under the Family and Medical Leave Act to restore an employee to the same...
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How to Comply with Payroll Record-Keeping Requirements
Janet L. Heins|Compensation Compliance, Managing Risks, News, Payroll, Benefits, Compensation, Equal Pay, Pay
Complex wage and hour laws are the source of both many headaches for HR and many class-action lawsuits from...
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Senate Tax Bill Altered to Kill the ACA's Individual Mandate
Janet L. Heins|Benefits Compliance, Business and Competitive Awareness, News, Benefits, Compensation, Equal Pay, Pay
The Senate Finance Committee has made major revisions to Senate Republicans’ proposal for tax reform. Senators added a business...
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‘Rainy Day’ Savings Accounts Prevent 401(k) Raids but Face Regulatory Hurdles
Janet L. Heins|News, Relationship Management, Retirement and Financial Planning, Work-Life Benefits, Benefits, Compensation, Equal Pay, Pay
Many Americans live paycheck to paycheck, with little or no money set aside for common emergencies. Employer-sponsored “rainy day”...
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Take a Team Approach to Financial Wellness
Janet L. Heins|Consultation, News, Retirement and Financial Planning, Benefits, Compensation, Equal Pay, Pay
Organizations often cobble together financial wellness programs by offering separate solutions for various personal financial needs—such as 401(k) investment...
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Report: 'Manager Divide' Widens Women's Wage Gap
Janet L. Heins|News, Pay Equity, Benefits, Compensation, Equal Pay, Pay
The wage gap for women age 40 and younger grew by 17 percent in 2017. Part of the reason...
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California Small Businesses Soon Must Provide Baby Bonding Leave
Janet L. Heins|California, Family and Medical Leave, News, Benefits, Compensation, Equal Pay, Pay
On Oct. 12, California Governor Jerry Brown signed the New Parent Leave Act (S.B. 63) into law, requiring employers...
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Contact the Attorneys of H.E.L.P. – Heins Employment Law Practice Employee Rights Law Practice LLC for a Free Initial Phone Consultation. We serve EMPLOYEES AND PLAINTIFFS ONLY in Milwaukee, Whitefish Bay, Fox Point, Shorewood, River Hills, Hartford, Elm Grove, Pewaukee, Lake Geneva, Merton, West Bend, Brookfield, Waukesha, Menomonee Falls, Germantown, Fond Du Lac, Appleton, Manitowoc, Cedarburg, Port Washington, Grafton, Sheboygan, Green Bay and Madison Wisconsin on employee discrimination, retaliation, harassment, FMLA (Family Leave Medical Act), and employee rights.
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Wisconsin Employment Attorneys Serving the Greater Milwaukee Area and Wisconsin For free consultation* or to set up an appointment with our team of dedicated employment law attorneys:
Contact our law firm online, Call our office at 262-241-8444 or Toll free at 866-241-8444
H.E.L.P. – Heins Employment Law Practice Employee Rights Attorneys
200 South Executive Drive, Suite 101
Brookfield, WI 53005
*There is no charge for your initial phone consultation.