Retirement benefits

Although workers may feel ready to sign up for benefits, they spend little time researching offerings, per UnitedHealthcare survey.

Sure, offering the perk will help employers recruit and retain top talent. But there’s even more advantages to consider.

Someone who starts saving from age 20 can sock away 90% less per month than someone who gets a later start at age 50 and still build the the same size of portfolio.

Employers with “great” retirement plans are significantly more likely to have higher margins and revenue per employee than those with average plans.

Employers must hit the throttle by providing employees with personalized retirement readiness scores, deeper metrics.

Although workers may feel ready to sign up for benefits, they spend little time researching offerings, per a UnitedHealthcare survey.

While loyalty and engagement is a complex matter, employers must find the right balance of perks that workers want and will use.

Investors have an average of 25 funds to choose from in their 401(k) plans, but some financial advisors suggest that the best approach is to pick a small number of very broad funds.

Employers must hit the throttle by providing employees with personalized retirement readiness scores, deeper metrics.

Keep the initiatives confidential and offer incentives, said SunTrust’s financial well-being executive.