Keeping in mind these three strategies, argues our author, not only pays off with getting the employees you want in the door, but also retaining those you already have.
"Running a DC plan can be challenging, but when done correctly, the difference it can make to participants is truly life changing," the Mercer report states.
HR teams often lack communication resources during the busy open enrollment season. This HR leader offers no-cost ways to simplify benefits information and get the most out this crucial time.
Nearly half of respondents in a recent survey said they want help deciding how to invest their retirement savings—the top reason participants seek workplace financial guidance.
Lynn See of airline Cathay Pacific says the organization champions flexible, purpose-driven employee experiences, helping the workforce thrive both at work and in life.
Younger generations are especially anxious, with nearly 90% of Gen Z and millennials saying an unplanned medical cost would disrupt their financial plans.