matchsticks at various levels of burned (Photo: Shutterstock)

Few retirement savings incentives are considered to be as successful as the employer match. More than half of employers match a percentage of employee contributions, according to the Plan Sponsor Council of America.

However, it may be time to revisit this approach. One in five employees is considering suspending or cutting their contribution because of the pandemic-fueled recession. At the same time, 25 percent of employers are thinking about suspending or reducing their match.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.