In addition, the study notes:
- Employers feel increased responsibility for financial well being of employees.
- Recession and uncertainty of entitlements places increased importance on financial benefits, ignites positive savings actions among employees of all ages<.
- Employers offer a broader range of financial education and advice, though lack of personalization and communication may limit employee engagement.
- Employers look to enhance financial benefit plans to address the changing needs of employees and win the war for talent.