This past year, employers put more emphasis on helping their employees save for retirement. Employers are offering more tools and resources that are designed to get good retirement income for their employees, says Rob Austin, Aon Hewitts director of retirement research. Employers arent just offering a match for 401(k) plans, he says, theyre providing other high-value, low-cost products.
Automation features continue to be popular, Austin says, as are more relaxed eligibility requirements employers have extended retirement benefits to part-time and temporary employees and a majority of workers can sign up on their first day of employment.
