From the course: Helping Your Employees Meet Retirement Goals

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The fine line between being helpful and providing advice

The fine line between being helpful and providing advice

From the course: Helping Your Employees Meet Retirement Goals

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The fine line between being helpful and providing advice

- As an HR professional, you constantly have to work to fill the gap between the benefits you offer and the needs of your employees. This is especially true of retirement benefits. They can be tremendously beneficial to your employees, yet complicated and difficult to manage. So what kind of support should you be giving your employees in the area of retirement planning, what support should you avoid, and what types of professionals should you look for if your employees need extra support? A good rule of thumb to follow when it comes to helping your employees with their retirement benefits is dividing your help between education and advice. Education is something that you should absolutely do. Giving specific advice is something you should probably avoid. Let's start with education. Retirement plans can be immensely beneficial, but you still may have to explain to your employees why that's the case. Start with the goal of retiring comfortably and work backwards. Once they understand…

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