Employers in the Dark About Employees

March 2003
Journal of Financial Planning;Mar2003, Vol. 16 Issue 3, p28
Academic Journal
This article presents information on the concerns of employees when it comes to retirement. 53 percent of employees would prefer a lower salary and better retirement benefits versus the other way around, but 65 percent of employers assume that employees want the higher salary. 90 percent of workers rate an employee-funded retirement plan as very/somewhat important, whereas employers think only 74 percent of their employees rate them that high. 97 percent of employees consider health care coverage more important than a retirement plan.


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