Plansponsor.com recently published a Bank of America survey that highlighted retirement benefits as one of the greatest factors in keeping capable employees loyal to a company. Aside from salary compensation and growth opportunity, providing a retirement savings mechanism for employees is one of the most attractive elements a company can offer to attain and retain top talent.

During the random poll, employees felt that more could be done by employers to help ensure employees save for their retirement, including providing access to personalized financial advice and guidance, financial education programs as well as offering advice on  issues beyond retirement savings, such as budgeting, college savings plans and debt management. Among those employees surveyed with access to these types of saving mechanisms at their companies, 77% take advantage of the benefit.

 

If you are interested in retaining skilled employees by providing them with a quality retirement savings plan, consider NADART as your retirement plan provider. With a menu of 27 diverse investment options, Roth 401(k) and Automatic Enrollment features as well as online investment and educational guidance, NADART can provide your employees with the quality retirement plan they are looking for while keeping your budget in mind. If you’d like to learn more about the retirement services NADART offers, please contact a NADART Representative at 1-800-4NADART (462-3278), ext. 7254 or e-mail nadart401k@nada.org.