If you’re a small business owner, it may feel next to impossible to offer your employees retirement benefits. But doing so may secure their financial future — and that of your company, too.
While just 22% of small and medium-size businesses offer retirement benefits, compared to 65% for larger organizations, the financial incentives for doing so can pay for themselves. Research from people management platform Gusto found that workers are 40% less likely to leave in their first year when they’re offered retirement benefits, saving employers tens of thousands in turnover costs.
