In this week’s Best Money Moves roundup, we take a look at news stories and new research studies that may impact employee benefits and HR issues. We hope you find this news roundup helpful, and we’d love your feedback.

According to a new survey from the American Benefits Council, American workers would choose more generous benefits and less pay, by a two-to-one margin. Essentially, most employees would rather be handed a standard set of benefits chosen by their employer than be given the money and responsibility for choosing themselves.

On the surface, this makes no sense. It even stumps corporate benefits executives, who as a group believe employees would prefer higher pay to more generous benefits, according to the survey. After all, designing your own benefits would allow you to, say, maximize child-care contributions in your 30s and 40s and favor something like a flexible work schedule in your 60s.

Why would anyone prefer a cookie-cutter benefits package over one that is tailored to their needs and has identical economic value? In part, at least, this shows that the average American employee lacks the confidence and the knowledge to make these types of educated money decisions.

That speaks to a lack of financial education in schools and the workplace. We are turning out generation after generation of individuals who are afraid or unable to make important and personal decisions that affect their financial future.

Your employees lack financial education. Here’s how you can help.

This past holiday season, Best Money Moves’ founder and CEO Ilyce Glink had the honor of being highlighted for her success as a businesswoman and entrepreneur by colleague Liz Handlin, the CEO of Ultimate Resumes. Learn how and why Glink developed Best Money Moves, why it’s unique among its peers and how Best Money Moves will bring your own  company greater success in 2018.

How to: Freelance Writer to Software Executive in 3 Easy Decades.

Financial confidence is key to overall financial wellness. This finding is changing the financial education landscape at many companies and helping people make educated decisions about their money. Financial confidence directly correlates with financial wellbeing – here’s what you need to know as you set a course for your employees to manage their money. Financial confidence inside.

Hiring in 2018? Of course you are! The new year is starting off in a great economy with a low unemployment rate. However, the hiring process seems to be more difficult than ever. Hiring practice laws vary state-to-state and larger companies are increasing automation practices, while company ethical reviews are increasing in importance. 7 things to consider when hiring in 2018.

43 Million Americans live with unpaid medical debt. This is causing major damage to credit reports and inevitably, causing serious financial stress at home and at work. The 3 major US credit bureaus have launched a new protocol: a 6 month grace period before debt knocks credit reports. Here’s how you can help protect your employees’ credit – and maybe your own, as well.

Job Candidates are Getting Choosier. With the unemployment rate at an 18-year low and jobseeker confidence near an all-time high, HR and talent acquisition leaders are finding themselves having to hustle to attract qualified candidates. What kind of employees do you really want?

Employment and Compliance laws are changing. Legal protections for employees are expanding at the state level and shrinking under federal law. The Department of Labor (DOL) will be much more “employer friendly,” with state lawmakers picking up slack. 2018’s new employment laws.

Tax Reform – Get ready to relearn your onboarding process. Coming sometime in January 2018, the IRS will issue new paycheck withholding tables as well as revised W-4 forms. As of now, there is a lot of speculation as to exactly how this will affect HR. 2018 income tax rates and brackets.

These top 10 tech trends will create a competitive advantage for your company. Are you ready for it? Everything from AI (Artificial Intelligence) to bots. Predictive software and apps that manage every aspect of your life are becoming more mainstream. These tools will not only dominate your life at home, they’ll dominate your work life as well.  Top HR tech trends for 2018.

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