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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The MN Department of Labor has released updated minimum wage posters. The 2023 posters are available in multiple languages (Chinese, English, Hmong, Somali, and Spanish).

For budget-planning purposes the salary floor for postdoctoral associates will be increasing for fiscal year 2024.

Our flagship Twin Cities campus ranks 23rd! 

A University employee shares his story of working with LSS to have his student loans forgiven.

The University of Minnesota invites you to update your disability status at any time. As a federal contractor, the University is required to take affirmative action to ensure that all individuals have an equal opportunity for employment regardless of disability.