Emerging From the Recession: Rising Employer Optimism and Renewed Commitment to Retirement Benefits
Emerging From the Recession: Rising Employer Optimism and Renewed Commitment to Retirement Benefits reports that for the first time since the Great Recession began, rising employer confidence is accompanied by an increase in enhancements to retirement benefits as well as reinstatement of benefits that had been suspended. It is an encouraging sign that rising employer confidence appears to be translating into a renewed commitment to benefits. However, small employers continue to struggle to provide retirement benefits and educational tools to their employees in comparison with their larger counterparts.
This research report provides a multi-year trend analysis and underscores that small employers are a critical player in helping American workers prepare for retirement. It creates a call to action for bridging the gap between small and large employers to help Americans save for retirement.
The report is based on employer findings from the 12th Annual Transamerica Retirement Survey. The survey of more than 700 employers conducted in 2011.