Two-fifths (41 per cent) of U.S. employers say they embed information on retirement benefits in their onboarding process, according to a new survey by XpertHR.
The survey, which polled more than 200 companies in the U.S., found that, although some indicated they use emails or letters to deliver retirement information (39 per cent), fewer than a third noted they host one-on-one meetings (27 per cent) or in-person sessions to discuss retirement with employees (20 per cent).
More than a third (39 per cent) of small businesses and five per cent of large businesses said they rarely or never send communications related to retirement. More than half (58 per cent) of large businesses said they send retirement communications at least fairly often, compared to only 17 per cent of small businesses.
“Making efforts to discuss retirement is a great way to demonstrate that an organization authentically cares about its employees on every level,” said Victoria Kelleher, lead survey specialist at XpertHR, in a press release. “When employees believe that a company is invested in their well-being even beyond the term of active employment, it can help foster a sense of loyalty and keep them engaged.”