Employees want their employers to get active about upping employee participation in defined contribution retirement plans. Employers? Not so much.
According to a new study from Northern Trust, 88 percent of employees say they strongly favor employers providing them with tools so they can figure out whether they're putting away enough money for retirement.
Not only that, 80 percent say employers should be actively encouraging employees to save, and 84 percent are in favor of employers providing them with incentives to save. And 72 percent say employers should be offering a viewpoint on contribution amounts.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
