By Ted Norwood, General Counsel and Director of Representation, Integrated Benefits, Inc. The United States Social Security Administration offers two programs—confusingly named Social Security Disability Income and Supplemental Security Income—aimed at providing or supplementing the income of people who are unable to work. SSDI (also called Title II benefits) provides disability coverage for individuals who…
A smooth on-boarding process is a must for today’s employees; after all, you want their first days to be inviting, and you want them to understand the ins and outs of your workplace. That’s because you have to make sure your employees are engaged right from the start, given today’s often fickle workforce. Although most…
Move over, foosball table and bean bag chairs. If your organization’s goal is to attract the next generation of workers – and it better be, given the fact that millennials are the largest generation in the workforce today, reports the Pew Research Center – you want to make sure you’ve designed a workplace that features…
A recent study from Massachusetts Mutual Life Insurance Co. (MassMutual) revealed lesbian, gay, bisexual, transgender, queer or questioning (LGBTQ) Americans say they want to preserve their retirement savings but tend to take bigger risks when it comes to investing. Forty-two percent of LGBTQ retirees and pre-retirees said the should become more conservative with their money…
Just when you thought you finally had this millennial thing down, a new generation is joining the workplace. Yes, welcome to Gen Z, soon coming to a workplace near you, if they’re not already there. Gen Z (typically described as those born in 1995 and later) is the first generation to grow up as “digital…
Failure is not only accepted by Generation Z but also welcome, according to a study released this week. In fact, Gen Z attitudes reveal 80 percent think embracing failure on a particular project will lead to innovation, while 17 percent think failure leads to more comfort when taking on risk. The study, which was done…
Today’s workplace is a historic mash-up, as it’s the first time we’ve had five generations in the workplace at the same time. Of course, it’s true that the oldest cohort, the “traditionalists,” are aging out, but most generation watchers include them since their influence can still be felt in many workplace structures that continue today.…
Only 16 percent of employers are “very confident” their employees will be able to achieve a financially secure retirement. This statistic was brought to light thanks to a recently completed survey titled Striking Similarities and Disconcerting Disconnects: Employers, Workers, and Retirement Security, by nonprofit Transamerica Center for Retirement Studies (TCRS). Given the large role employers play in…
HR works hard to find the best benefits program for employees and then communicate the “benefits of the benefits,” so to speak. But sometimes, even with the best of intentions, the information falls on deaf ears – or blind eyes. In fact, one recent study found that less than half of employees know what benefits…
Looking to compete with the firms that can offer on-site chefs and massages? The truth is that most companies can’t afford to offer the perks common among the buzziest names in high tech, and yet while you might already have the basic covered—from health and disability insurance to retirement savings—many employees today are looking for…
