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IRS Ruling Permits Rollover from Deceased Participant’s Account to Non-Designated Beneficiary

Plan sponsors regularly handle situations that arise from a deceased participant’s failure to designate a beneficiary for his or her employer-sponsored retirement account. A private letter ruling (PLR) from the Internal Revenue Service (IRS) earlier this year could provide some insight into the agency’s thinking about allowing surviving spouses to roll over a deceased participant’s […]

The Internet of Things: How Well Trained Are Your Employees?

The Atlantic recently released research showing that the HR software market is worth approximately $15 billion. Learning management systems (LMS) made up $2.5 billion of that total. However, up to 30% of LMS developed corporate training was shown to be wasted. These numbers might trend up as HR and L&D start adding to the Internet […]

Getting More Employees to Sign Up for Your 401(k)

If you offer a 401(k) for employees, you may have noticed that not nearly all employees who qualify for it have signed up for it. This can be perplexing for employers. After all, this is a benefit to help employees, and it typically reduces their tax burden while helping them save. Yet many employees don’t […]

How to Attract Top Talent with Social Responsibility Benefits

Corporate social responsibility (CSR) became a popular discussion topic over the last decade. According to The United Nations Industrial Development Organization (UNIDO), CSR is a “management concept in which companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.” This list of stakeholders can range from consumers to investors, and […]

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Meeting Minutes Make a Difference

Meetings can be the bane of many businesses and are not infrequently pointed to by those in attendance as a waste of time. They may have a point!