The Great Resignation, which began early in 2021 and continued throughout the year, was an obstacle few plan sponsors expected to encounter during an already difficult time. By November 2021, a record 4.5 million workers had left their jobs, adding to the more than 10 million positions that were already vacant. While the reasons employees are choosing to leave their jobs vary, many employers are hoping to counteract the trend by reviewing their benefits programs and making them more competitive—especially when it comes to retirement plans, which are often a significant component of an employee’s total benefits package.
This webinar recording explores the new retirement plan trends and strategies that are emerging to help employers attract and retain their workforce.
- Video: What Is a Nonqualified Plan?