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T. Rowe Price Reports 401(K) Plan Loan Usage Drops To 9-Year Low

The use of 401(k) plan loans in 2018 fell to a 9-year low of 22.5% of participants and continued a steady 6-year decline of nearly 10 percentage points, investment management firm T. Rowe Price said on May 1, drawing on data gathered from nearly 2 million participants for its annual benchmarking report.

Wellness programs

Employers Left in Wellness-Plan Limbo

In recent years, more and more employers have implemented wellness programs—employee participation programs that may include wellness education, health or fitness challenges, and even limited medical testing and preventive care requirements—to promote and encourage employee health and wellbeing. Through these programs, they hope to create a healthier workforce and reduce insurance costs.

The Surprising Impact of Tech Layoffs on Software Development Careers

In the wake of economic shifts and technological advancements, the tech employment landscape is undergoing a significant transformation, highlighting an interesting trend: a substantial portion of displaced workers are shifting towards software development roles. What drives this trend, and what does it mean for the tech industry? Major layoffs at leading tech companies have challenged […]

4 Reasons Why Instagram Is Still Helpful for Recruitment

Instagram is dead. Long live Instagram. There’s no doubt the once massively popular app has shifted in popularity over the past couple of years. More and more influencers have escaped to TikTok, Meta has been dragged in front of Congress, and year-over-year growth has slowed significantly. The reasons are varied, but one huge reason is […]

Walmart Investing Big in Employee Training

When President Donald Trump signed the 2017 tax cut legislation into law at the end of 2017, it was seen by many as providing a big boost to the bottom lines of wealthy individuals and corporations. But the impact varies by company. “An easy way to identify winners is to find companies that generate all, […]

overtime

Oh Joy! Guest Worker Case Answers Tricky Wage and Hour Questions

A recent decision from a California Court of Appeal addressed the issue of whether a worker without a work permit was entitled to minimum wage and overtime protections under federal and state law. Further, the court examined the novel issue of whether lodging and meals provided to an employee may be used to satisfy the […]

ADA Implementation: Common Misconceptions

We recently looked at some issues that arise when the Americans with Disabilities Act (ADA) and leave laws overlap (see ADA Leave Issues: Attendance Bonuses, COBRA, and More). Today, we’ll address some common misconceptions about the law.

Input

Should You Be More Judicious with Your Input?

Some people always have something to say. Regardless of the subject matter or their personal involvement, they feel the need to chime in at every opportunity. Although this may simply be someone’s personality, others may see it as a deliberate strategy to get noticed and have an impact in the office.

5 Skills That Will Define CX Leadership for the Next Decade

We’re all consumers and have a seemingly endless choice of brands to shop and engage with, but what really makes customers loyal and coming back for more are the experiences they have. So when we think about the customer experience (CX), we think of traditional sales and marketing touch points along the customer journey. However, […]