Many employers find that providing supplemental benefits, such as retirement plan benefits, can help them recruit and retain an experienced workforce to serve in a variety of roles that include ...
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The SECURE 2.0 Act introduces new rules to help part-time and gig economy workers save more for retirement. Lower- and middle ...
Forbes contributors publish independent expert analyses and insights. I write about the ever-changing workforce and leadership. They're only part-time workers. This is exactly how some organizations ...
In 2024, employers will be required to give more long-term part-time employees access to contribute to their company 401(k) or 403(b) plan. Two thirds, 66%, of private-sector workers in the U.S. have ...
In November 2023, the IRS issued proposed regulations addressing the SECURE 2.0 long-term part-time (LTPT) employee eligibility requirements applicable to 401(k) plans knowing that further guidance ...
Readers discuss a novelist’s guest essay about how the retailers benefit but the workers struggle. To the Editor: Re “Part-Time Work Has a New, Predatory Logic,” by Adelle Waldman (Opinion guest essay ...
Sometimes a salaried exempt employee reduces their workload to part-time status. Does this change mean that the employer must reclassify that worker as non-exempt under the Fair Labor Standards Act?
Employers have historically been allowed to exclude from their retirement plan employees who never worked at least 1,000 hours in a 12-month period. This shut out many part-time employees from an ...
Part-time employment gives you the free time to pursue other endeavors such as studying, volunteering, starting a business, or you may already have a full-time job and need to supplement your income.
The SECURE 2.0 Act of 2022 has added another set of administrative changes to plans, ushering in significant changes to the eligibility criteria for long-term, part-time employees to participate in ...
Employees usually work in one of three ways when they are employed by a business. These are on a part-time, full-time or flexible-hours basis. Which basis is used usually depends on a mixture of ...