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“From 36% of U.S.

Study Explores the Benefit Needs of Lower-Wage Workers New research from Commonwealth and JPMorganChase found building up savings for retirement is the top financial priority of U.S. workers (44%) who earn low to moderate incomes (LMI), topping saving for emergencies (36%), saving for long-term goals (33%) and paying off credit cards (29%).

There are many types of profit-sharing plans, such as: ;Pro-rata plans (benefiting employees equally based on predetermined factors).; ;Age-weighted plans (awarding more significant portions of the profit sharing to workers closer to retirement).; ;Deferred profit sharing (contributing the profit sharing to a retirement account, such as a 401[k]).; ;Cash plan (making direct cash payments to employees).; The employer will need to determine what type of plan is best for the organization.

The column could be made more specific to note the type of plan: sales compensation, team award only or company bonus plan.

Making Health Care More Affordable HSAs are the only type of savings vehicle offering triple tax advantages.

Traversing a Two-Way Street Vince Cordova, a partner at Mercer who specializes in workforce mobility, said his company’s 2025 Talent Mobility Outlook Spot Survey found a majority of mobility professionals anticipate activity will either remain stable or increase for certain types of assignments.

Plan Types There are two types of 529 plans, each with unique features: Prepaid tuition plans offer a way to lock in current tuition rates for future in-state costs at eligible schools.

In California, this noncompete focus is expanding with a new law that limits when employers can claw back signing bonuses or other types of compensation that might be paid in advance.

.; A report from WTW uncovered that for employees who say DEI is important and rank their employer’s effort as poor, 69% are likely leave for only a 5% pay raise — as opposed to just 36% who rank employer efforts as “very good.”

;In a push to democratize offerings and retain critical talent, employers are focused on maximizing support for caregivers and families of all types.; ABOUT THE CENTER The Boston College Center for Work & Family (BCCWF) works with large, global employers to develop a learning and networking community focused on enhancing the employee experience.