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Only 37% of Americans Think They’ll Reach Their Retirement Savings Target

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million in savings to retire comfortably, according to Business Insider. The data stems from a survey published by Charles Schwab where only 37% of respondents believe it’s highly likely they’ll reach their retirement savings target. What’s going on: American workers estimate they’ll need $1.8

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U.K. Companies Retreat from Flexible Work Options, Put Workforce Diversity At Risk

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Companies Retreat from Flexible Work Options, Put Workforce Diversity At Risk appeared first on Allwork.Space. Employers in the U.K.

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The 4 Best Retirement Plans for Self-Employed Individuals to Consider

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Saving and planning for retirement as a self-employed person can be more difficult than for others. Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. How is a self-employed retirement plan different from a 401(k)?

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SEP IRA: What You Need to Know About This Retirement Plan Option

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Finding the right retirement plan for your business can take time and effort. One retirement plan option available to business owners and self-employed individuals is the SEP IRA, or the Simplified Employee Pension plan. It allows you to save for retirement based on your earned income. What is a SEP retirement plan?

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Why It’s Time to Retire the Term “Hybrid Work”

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The word “hybrid” gets used a lot relative to workplace strategy, but it may be time to retire the term. . Likewise, workers who work from both the home and office reported the highest productivity and the highest level of support when compared to employees who work only at home or only in the office, according to Leesman research.

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Navigating the Corporate Ladder: The Impact of Career Breaks on Women’s Leadership Roles

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According to the report, only 34% of women in the U.S. workforce hold VP roles and around 27% in C-suite positions. Upon re-entering the workforce, women often find themselves navigating challenges to balance professional aspirations with personal responsibilities.

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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. And 85% of these HR leaders reported that financial wellness benefits are more important than even a year ago, the study found.