Shorter tenure equals more turnover and morejobs during workers' careers, and more turnover results in anincreased incidence of cashout leakage of 401(k) plans. (Photo:Shutterstock)
On April 10th, the Employee Benefit Research Institute (EBRI)featured the webinar EBriefing: Trends in Employee Tenure,showcasing the latest EBRI research examining broad employee tenuretrends over time, and the impact that shorter tenure can have onretirement savings.
The webinar's presenters included CraigCopeland, Senior Research Associate, EBRI and Spencer Williams, President & CEO, RetirementClearinghouse (RCH), and was moderated by Stacy Schaus, Founder& CEO, Schaus Group LLC.
Craig Copeland on tenure trends
Leading off, EBRI's Copeland detailed the latest trends inemployee tenure using data from the U.S. Census Bureau's Current Population Survey, which covers 1983 topresent.
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