Employees care almost equally about their retirement and medical benefits as economic concerns make it harder to save, Buck survey shows
The findings are published in Buck's survey report, Saving for retirement: Employee and employer attitudes towards retirement benefits .
- The findings are published in Buck's survey report, Saving for retirement: Employee and employer attitudes towards retirement benefits .
- Employees were asked to identify the top three benefits they look for when considering a new job, and the data shows they care almost equally about their retirement benefits (65%) and medical coverage (67%), followed by dental insurance (36%) and flexible schedules (33%).
- Employers recognize this, but think medical coverage is a more significant consideration (77%), with retirement benefits second (70%) followed by flexible schedules (36%) and dental insurance (32%).
- For employees, the most confusing parts of their retirement plan are withdrawal options, followed by investment options and plan fees and expenses.