Gen Z @ Work
Date: December 3, 2024
Time: 2:00 pm - 3:00 pm EST
Employers must consider the diverse retirement needs of employees across generations, from Gen Z to older workers. Gen Z, while not close to retirement, values employer-provided retirement plans and education on saving early, with many preferring automatic enrollment and contribution escalation. In contrast, older employees seek financial security and rely heavily on employer retirement plans, with a majority seeing them as essential to staying with their employer. Employers who offer strong retirement benefits can attract and retain talent, as many employees trust their employers for retirement guidance and are open to educational resources on saving. This highlights the importance of offering flexible retirement solutions to meet the varying needs of a multi-generational workforce.
By the end of the session, attendees will be able to…
- Understand the diverse retirement needs across generations: Recognize the distinct retirement plan preferences and needs of employees from different age groups, such as Gen Z and older workers, and how employers can address these varying needs.
- Identify the role of employer-provided retirement plans in employee retention: Explain how offering strong retirement benefits, including education and flexible plan options, can help employers attract and retain employees across all age groups.
- Evaluate the importance of retirement education and automatic features: Assess the significance of providing retirement savings education and features like automatic enrollment and contribution escalation, particularly for younger employees like Gen Z.
- Explore strategies to improve employer-employee communication regarding retirement benefits: Analyze the perception gaps between employers and employees regarding retirement plan importance and how employers can bridge these gaps through effective communication and benefits offerings.
This live webinar is currently pending approval for one (1) hour of Continuing Education (CE) credit for Fi360, CFP Board, and IWI Designations.
