CFODailyNews.com » Workers doing enough to retire? Employers say no

Workers doing enough to retire? Employers say no

February 8, 2012 by Jared Bilski
Posted in: Benchmarking, In this week's e-newsletter, Latest news & views

Worried your employees aren’t doing enough to prepare for a comfortable retirement? You’re in good company.

Just 4% of employers said they were very confident their employees would retire with adequate assets, according to a recent study by Aon Hewitt. That’s a significant drop from the 30% of employers who said they were very confident in 2011.

And just 18% of employers are confident employees will be able to manage their income during retirement, according to the study.

However, many employers plan on taking a more proactive approach to helping workers with retirement by:

  • placing greater emphasis on helping workers understand and use the employer-provided resources available to them (60%), and
  • focusing on helping workers retire with enough money (44%).

 

 

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