Making the decision to start contributing to a 401k plan isn’t easy, but it is a “yes” or “no” question. Once you decide to go with “yes” (which I hope everyone will do), then you have to decide:
- How much to contribute?
- How to invest that money?
In most cases, we know the factors that will impact how much we contribute – our salary, our bills, our spending, etc. Unless you’re very familiar with the stock market, though, deciding on how to invest your contributions (hopefully with an...
“Nations around the world, like Canada, Australia and many others --- have a merit-based immigration system…Switching away from this current system of lower-skilled immigration, and instead adopting a merit-based system, will have many benefits: it will save countless dollars, raise workers' wages, and help struggling families --- including immigrant families --- enter the middle class.” President Donald J. Trump Address to a Joint Session of Congress, February 28, 2017
There are so many issues to unpack around this call for a merit-based immigration system that it is...
Some time ago, after I graduated with my undergraduate degree, I was lucky enough to get a job working for the governor of Nevada (see, internships can pay off!). I was also fortunate to have a great boss (the governor himself) who impressed upon me how important it is to start saving for retirement, even at the tender age of 22. I started saving early because I was able to make a small contribution with my modest salary. Had I been saddled with huge amounts of student loan debt, that wouldn’t have been possible.
So it’s no surprise to...
Too many of us don’t think we have enough disposable income to invest in our retirement. Sure it would be great if every employee maxed out on their 401k contributions every year, but the reality is that most people don’t have the finances or discipline to do this.
My first challenge to my employees is to “do more”. Contribute 1% more than you did last year. Plan your increase in 401k contributions with your raise so you don’t notice the increase. A recent report published in USA Today reported that “more than 45% of 18 to 23-year-olds have spent...
Who are the absolute best recruiters now?
And there is probably no one in the recruiting world who agrees with this more than Craig Fisher.
Fisher has been writing and speaking about employer branding for years and has been studying this trend as it has evolved over the past decade.
In the blog post Sharing Your Culture – How to Activate Your Employee Advocates, Fisher writes about the success he has seen at his employer, CA Technologies.
“An employer’s brand should be built from the...