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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As Open Enrollment Ends, Capture What You've Learned
Janet L. Heins|Benefits Communication, Communication, Critical Evaluation, News, Open Enrollment, Benefits, Compensation, Equal Pay, Pay
Reviewing what went smoothly and what tripped you up can ensure an easier, more effective open enrollment process when...
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Will Washington, D.C., Voters Eliminate Tipped Restaurant Wages?
Janet L. Heins|District Of Columbia, Minimum Wage, News, Benefits, Compensation, Equal Pay, Pay
Washington D.C., may become the next local government to require that restaurants pay minimum wage to its servers, bartenders...
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Was Your Employee Benefit Plan Selected for an Audit? Don’t Panic!
Janet L. Heins|Benefits Compliance, Critical Evaluation, News, Benefits, Compensation, Equal Pay, Pay
Many HR professional dread having their retirement or health plans examined by the IRS or the Department of Labor,...
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The Minimum Wage in 2018: A Rates-Only Update
Janet L. Heins|Critical Evaluation, Minimum Wage, News, Benefits, Compensation, Equal Pay, Pay
Minimum wage laws can impact businesses of all sizes, whether operating nationwide, in multiple jurisdictions, or only in one...
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Should Organizations Pay for Performance?
Janet L. Heins|Compensation, Employee Relations, News, Performance Management, Benefits, Compensation, Equal Pay, Pay
Pay-for-performance systems may be built on faulty assumptions, calling into question the link between incentive compensation and outstanding work.
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Puerto Rico Labor Department Updates Annual Bonus Regulations
Janet L. Heins|Compensation Compliance, News, Puerto Rico, Benefits, Compensation, Equal Pay, Pay
Employers in Puerto Rico must comply with updated regulations on the payment of the generally required annual bonus to...
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SHRM Supports Bipartisan Bills to Ease ACA Annual Reporting Obligations
Janet L. Heins|Health Care Reform, Influencing Government Policy, News, Benefits, Compensation, Equal Pay, Pay
The Society for Human Resource Management is supporting the Commonsense Reporting Act recently introduced in the House and Senate....
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Variable Pay Plans Are Pushing Aside Holiday Bonuses
Janet L. Heins|Bonuses and Incentives, News, Relationship Management, Benefits, Compensation, Equal Pay, Pay
Bonuses bestowed on workers as an end-of-year holiday gift are becoming scarcer, while variable pay plans that tie payouts...
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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.
We do not represent any employers, so you can be sure there will never be a conflict of interest. We can represent employees of private companies and federal employees all of the way to the Wisconsin Supreme court and beyond all of the way to U.S. Supreme Court if necessary.
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.