Scott Anderson is regional vice-president of employee benefits at Hub International.
The views expressed are those of the author and not necessarily those of Benefits Canada.
Most business owners and HR champions of independent Canadian businesses know the benefits of offering a group retirement plan to their employees. Many studies have shown that employee attraction, retention and engagement are increased when a group retirement plan is in place.
Employers agree that retention and attraction of quality employees is one of their biggest goals in the HR department. Popular belief tells us that a benefits package including group retirement is one of the tools used to attract and retain employees...but is it?
One of the largest problems faced by group retirement plans is plan member apathy.