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- Title
Moving the Needle in Employee Retirement Wellness.
- Authors
Davidson, Liz
- Abstract
Organizations of all sizes are feeling the impact of employees' lack of retirement preparedness. Most Americans are not saving enough for retirement. The landscape is making it tougher for them to save, and most don't realize how far behind they are. This is coupled with the fact that employers can no longer provide the generous benefits employees once relied on for retirement security. Instead, they can provide employees with only the resources and tools needed to achieve it. Evidence is growing that retirement education programs built using a holistic model based on behavioral finance principles and reaching employees at every level of retirement preparedness are the key to positive behavioral change and improving retirement funding. Companies making this commitment show dramatic improvements in employee retirement readiness and overall financial wellness.
- Subjects
UNITED States; RETIREMENT planning; RETIREMENT benefits; EMPLOYEE benefits; FINANCIAL security; RETIREMENT education
- Publication
Benefits Quarterly, 2015, Vol 31, Issue 2, p26
- ISSN
8756-1263
- Publication type
Article