BlackRock looks to make monthly paychecks part of 401(k) employee retirement plans
BlackRock is reportedly considering revamping employer retirement plans by giving back a portion of employees’ savings in fixed monthly payments. The program, called LifePath Paycheck, is a small but growing number of companies that want to promise employees some predictability in their 401(k) plans. Wall Street Journal. With target-date funds that incorporate pensions, the giant […]
US paychecks are surging — but only for in-office workers: report
Recent data shows that U.S. companies are paying a 36% premium to workers who return to their desks five days a week. The average annual salary offered for a fully office-based position is $82,037, a significant increase from last year’s average salary of $59,085, according to March 2024 ZipRecruiter data obtained by the agency. BBC. […]