Meaningful and beneficial group retirement programs should be factored into a business’s employee recruitment and retention strategy — so say Acera Benefits’ Jackie Nicholls, Director, Group Retirement Services, and Chantell Arsenault, Employee Benefits Consultant, in this episode of the Benefits Alliance Voice podcast.
“I think group retirement is as important as group benefits. Group benefits are appreciated earlier because people are going to the dentist, they’re going to the pharmacy, they want that reimbursement right away — it’s immediate satisfaction. Whereas you’re playing the long game with a group retirement program…. Your employees might not thank you now, but they’ll thank you later.”
— Jackie Nicholls, Director, Group Retirement Services
Why should employers offer a group retirement plan
Beyond supporting employees, Jackie and Chantell agree that businesses that include a group retirement savings plan as part of their total compensation package have an edge over the competition when it comes to recruiting and retaining top talent. Best of all, it doesn’t have to break the bank:
There are so many ways to get creative when it comes to designing a group retirement plan.”
— Chantell Arsenault, Employee Benefits Consultant.
Hear more about what Acera Benefits’ Jackie and Chantell have to say about the importance of offering employees a group retirement plan option.