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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.

This survey explores those options, including the types of flexible work arrangements employers offer, the availability of compressed workweek schedules, which teleworking expenses are covered by employers, what kinds of training are offered to managers and flexible workers, employee access to flexible work programs and more.

What the Study Revealed As a refresher, according to the U.S. government website HealthCare.gov : ;An HSA is a type of savings account that lets participants set aside money on a pre-tax basis to pay for qualified medical expenses.

Employers can consider approaches such as concierge-type vendor solutions and lifestyle spending accounts, WTW’s Bade said.

Types of Workplace Recognition Workplace recognition comes in many forms, each customized for employee needs and preferences, Arora said.

HR practitioners need to understand what types of activities and behaviors are potentially illegal.

.; Career development opportunities are a type of indirect compensation that clearly benefits both your employees and your organization.

The survey findings are organized into twelve topics, including: the types and characteristics of salary structures used, competitive positioning, frequency in adjustment of salary structures, strategy and design of salary structures, workplace changes, and more.

President Donald Trump about making alternative assets more accessible in 401(k) plans;; ;Department of Labor amendments regarding alternative assets and cryptocurrency in retirement plans; and,; ;A reduction in Securities and Exchange Commission restrictions on private equity in certain types of funds; … the question of incorporating these types of investments into workplace retirement plans is increasingly on the radar for employers and their total rewards (TR) professionals.

Having this type of platform won’t guarantee DEI success, but you need the right data tools to enhance how employers can evaluate the makeup of their workforce, so it can inform the decisions they need to help them reach their diversity goals.