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Richter says that for new plans, it expands automatic enrollment (at a minimum of 3%) and auto-escalation (1% annually until at least 10% but not greater than 15%).

Save Reuse Permission The Internal Revenue Service (IRS) announced on Friday, Nov. 1, that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.

Question 1: A new opening for my job title has been posted with a higher salary than I earn.

Here’s how. 1.

Their first tactic: Work to identify or mitigate ghost networks while shopping for a plan and finalizing a contract, with the goal of heading off problems before Day 1 of the plan year.

That’s a Loaded Question ;Wage-and-Hour Compliance: You Are Either Fine or Fined; Access a bonus Workspan Daily Plus+ article on this subject: ;Guidance on How to Avoid Common FLSA Classification Errors; Pitfall #1: Insufficient Wages A tip credit is a provision under federal and some state laws that allows employers to count a portion of an eligible employee’s tips toward their minimum wage obligation.

On April 1, 2022, Amazon workers at a warehouse in the New York borough of Staten Island became the first unionized Amazon workers recognized by the National Labor Relations Board.

ET: ;Start an Online Chat; ;Call or text at 1-800-677-1116; ;Email: eldercarelocator@n4a.org; Family Caregiver Alliance (FCA) The FCA provides services to family caregivers of adults with physical and cognitive impairments, such as Parkinson’s, stroke, Alzheimer’s and additional types of dementia.

Editor’s Note: Additional Content For more information and resources related to this article see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Employee Experience; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Equitable and Diverse Workplaces; ;Employee Compensation; ;Organizational Performance; ;People Analytics; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.