Following an education campaign for its DC plan members, Niagara Casinos wanted to keep the momentum going.
There are three ways plan sponsors can motivate their employees to increase their commitment to retirement savings.
By the end of 2013, the number of mobile-connected devices will exceed the number of people on earth, and by 2017, there will be nearly 1.4 mobile devices per capita. If these stats—taken from Cisco’s data traffic projections—are uninspiring, consider the bottom line: if you don’t get in the game, someone else will.
How group insurers prefer to communicate with employees, clients and plan members
In all the talk about employee engagement around pensions and benefits (or lack thereof), one important fact seems to have fallen off our industry’s collective radar: pensions and benefits are boring‒and even downright depressing.
It’s widely recognized that Canadians aren’t saving enough for retirement and benefits costs are continuing to rise. In Alberta, the story’s largely the same, but there are subtle differences compared to the rest of the country, especially with regards to work-life balance and wellness initiatives.
Sixty-three percent of DC plan sponsors in the United States are using social media to provide a regular source of information to their members, according to Cogent Research’s Retirement Planscape 2013 study.
With governments and media constantly focused on Canadians’ lack of retirement savings—and high levels of household debt—the time may be right for employees to finally sit up and take notice of their available workplace plans.