Two studies from Alight Solutions indicate that there's a disconnect between how much financial help workers think they should be getting from their employers and how much help those employers think they should give.
According to the 2017 Financial Mindset Study and the 2018 Hot Topics in Retirement & Financial Wellbeing report, workers consistently said they want more help across a variety of financial topics than employers believe they should offer, beyond basic retirement savings and insurance services.
Even for basic services, employees are out there ahead of employers:
|- 88% of employees say bosses should provide help saving for retirement, compared with 84% of employers.
- 84% of workers want help in getting disability insurance, compared with 71% of employers.
- 81% of workers want help getting life insurance, while just 68% of employers think they should provide that help.
But the divide is considerably greater outside those basic areas.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.