Survey shows lack of interest of retirement plan as an employee benefit

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

A survey conducted by the 401(k)-platform, Guideline, found that while employers and employees both agree that retirement benefits are valuable, some companies underestimate their value in retaining and recruiting employees.

While 93% of participants in the survey note that a retirement benefit would influence their decision to join a company, only 36% would rank retirement benefits within their top three most valuable features.

When asked about their top five employer benefits, 81% of employees placed retirement as a leading feature. However, 62% of plan sponsors did the same.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C.

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Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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