HR Update

Saving for retirement
What an extra 1% can do

Did you know that just 1% extra per paycheck can lead to thousands (or tens or hundreds of thousands) more dollars to help you enjoy retirement? For example, if you’re 28 years old and make $50,000 per year, adding 1% of your salary (less than $10 a week) to your retirement savings could add more than $160,000 to your nest egg when you retire.*

Use this Fidelity tool to see what a 1% increase could do for you, and sign up for a plan or modify your contributions here.

*See Fidelity tool for disclaimer.

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Effective May 28, 2023, non-exempt 9 and 10-month University employees will no longer be disqualified from receiving unemployment benefits between academic terms.

The Canvas-housed “Fundamentals of Disability Accommodations and Inclusive Course Design” has a completion deadline of June 18, 2023, for all instructors.

The University is rolling out a new online sexual misconduct prevention course for employees who have not completed the prior sexual misconduct course.

Employees who violate the University’s Drug-Free policy, Smoke-and Tobacco-Free policy, or Code of Conduct and perform work while impaired due to the use of controlled substances are subject to disciplinary action.

The anticipated legalization of recreational marijuana in Minnesota will not impact employee performance expectations.