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.

All HR Updates
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Updated Federal EEO Poster

The EEOC has consolidated two existing EEO workplace posters into one. These required labor/employment postings should be physically displayed in a manner that all employees can view them at their regular workplace.

Background Check Exceptions

In rare cases, employees may start their appointment prior to the completion of a background check.

2022 & 2023 Elective Retirement Contribution Limits

Sharing a reminder on the 2022 limits and the new 2023 limits.

New Process for Entering Background Check Dates

Beginning December 1, units no longer need to manually enter the dates of successful background checks.

Save the Dates: HR at the University Training

An opportunity for new HR practitioners to gain an understanding of HR policies, principles, and practices at the University of Minnesota as well as network with other HR professionals from across the system.