Temporary Workers in 401k Plans. More and more companies are using temporary workers, not to mention the burgeoning gig economy. Watch how the HR manager of a temp staffing firm attending a TPSU program at Cal State, Sacramento who has almost 500 employees in 31 states manages her unique and evolving workforce.
Issues she faces include when temporary workers can become eligible, how to communicate with them and whether they should force out participants with low accounts balances.
Lessons learned at TPSU include the extent of her fiduciary responsibilities and the importance of monitoring fees as well as the scope of her duties.
