Are you listening
A recent LIMRA report brings an interesting perspective to enrolling new employees in your retirement plan. The study shows that “employers are not in touch with how their employees want to enroll.”
What Employers Believe Employees Prefer vs. What Employees Actually Prefer
Surveyed employees who preferred online enrollment felt that companies who used a paper enrollment process were out of touch with technology. With more and more millennials entering the workforce, this preference will likely continue to grow. If you’d like to implement an electronic enrollment process, please contact us. It’s easy to get started and can save you time and money.