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Employeeretention is a critical aspect of business success. At Abel HR, we specialize in maximizing employee benefits and ensuring regulatory compliance, allowing you to focus on growing your business. Financial Wellness Programs Financial stress can significantly impact an employee’s performance and satisfaction.
Offer competitive, matched retirementplanning options. Retirementplanning is one of the most common employee benefits offered by employers, specifically a 401(k) matching plan. Here are the 5 best benefits to help retain and attract top talent.
According to a study conducted by the Department of Labor, only 40% of Americans have calculated the amount they need to save for retirement. The best time for employees to start saving is right now. Employers can emphasize this by using 401(k) or other retirementplans. Utilize financial wellness benefit programs.
While you work to achieve company-specific goals such as employeeretention, you also can foster a holistic work environment that addresses employee well-being. In our previous blog posts , we delved into recession planning and navigating economic uncertainties from a company perspective.
(PwC 2025 Financial Wellness Survey) Companies offering financial education programs see a 30% drop in employeefinancial stress levels. PwC) 42% of employers now offer retirementplanning workshops as part of wellness benefits. How do wellness programs affect employeeretention? FlexJobs) 7.
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