Friday, December 1, 2023


Companies of all sizes have expanded retirement benefits

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Photo by Towfiqu barbhuiya on Unsplash

Written by Chandler Friedman | Stacker

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After years of instability in the global economy and the reduced availability of defined-benefit pension plans, employees have become more focused on their financial situations after retiring.

Retirement funds are among the most important elements of employers’ benefits offerings, according to the Society for Human Resource Management, rating them as highly as other popular employee benefits like flexible working and health care. Twenty percent more employees said retirement benefits were a good reason to stay with a company in 2022 versus 2010 to 2022, according to a 2022 survey by the insurance advisory firm WTW.

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