If you have an aging workforce, you’re probably receiving plenty of questions about retirement as employees prepare for life after age 65 — and building retirement savings likely is top of mind for all, regardless of age. Research has shown, however, that households retiring in the future will not be nearly as prepared as those […]
An aging workforce presents an employer with a number of unique challenges, including the potential for higher health care costs and increased chances for an employee to become ill or injured and require a disability leave. And when you consider health issues common among older workers, you’re likely thinking about musculoskeletal issues or heart disease. […]
In recent weeks, our blog posts have highlighted workplace success stories. These examples range from offering routine ergonomic assistance to creating highly specialized return-to-work plans for employees who have suffered serious health issues. Perhaps these stories have inspired you to get in touch with our team of experts to learn more about helping an employee […]
As our recent blog posts have identified, a trend The Standard has noticed recently is that more and more employees are staying in the workforce longer, delaying retirement until well after age 65. Whether this is due to financial concerns or a desire to continue to be productive, it brings an interesting challenge to employers: how to deal with the disabilities that may occur with aging and still comply with the Americans with Disabilities Act – Amendments Act (ADAAA) regulations.
A stunning statistic: Today, households headed by adults younger than 35 have 68 percent less wealth than households headed by adults of the same age in 1984.
In the last 10 years, the net worth of an average American employee has dropped significantly; from 2007 to 2010 alone, the median net worth of American families dropped nearly 40 percent.