From the course: Helping Your Employees Meet Retirement Goals
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Why does your company need a retirement plan?
From the course: Helping Your Employees Meet Retirement Goals
Why does your company need a retirement plan?
- Why does your company need to offer retirement plans and are they worth the money that your company spends on them? The answer is a resounding yes. Not only are retirement benefits are terrific way to help recruit solid candidates, but the right plans can save your company a lot of money and it all revolves around employees' stress. When your employees are under financial stress, it costs your company money. More than 50% of Americans said that financial issues regularly stress them out. That's almost 20 points higher than any other worry that they face. It's a harsh reality to consider that half your employees may be struggling with financial issues. And the biggest financial worry of all? Retirement. Many of your employees probably fear that they'll never be able to retire. For an employee, the toll of all that stress can be striking. Studies have shown that those suffering from financial stresses have higher incidences of health issues like sleeplessness, high blood pressure…
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