The Secret Weapon For Your Millennial Retention Strategy

The Secret Weapon For Your Millennial Retention Strategy

Employers are realizing that putting total control of retirement decisions in the hands of their employees was a bad idea.  Older employees are delaying retirement due to underfunding of their retirement portfolios and market volatility.  The end results are increased healthcare costs for companies to support an aging employee population and decreased upward mobility for younger employees.  Many employers have taken steps to solve the underfunding problem for future generations of retirees through auto-enrollment and auto-escalation in defined contribution plans.   However, they have been unable to solve a continually nagging problem.  How do…Continue Reading