Financial Education – a Recruitment/Retention Tool?

According to ADP, providing financial education to employees can offer four different benefits: Increased Productivity (because employees worry less about their finances = fewer distractions), Improved Retention (from increased loyalty), Enhanced Recruitment (higher employee ratings), and Greater ROI for your business (improved productivity). Often, benefit providers can either conduct such education or provide recommendations of sources for same. A local community college or similar institution may also have programs that can be brought on-site; tuition reimbursement could be an option as well.

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Missing 401(k) Plan Participants?