05.19.25

Study Finds Mismatch Among Employers and Workers Regarding Benefits

by: James Van Bramer

A Prudential Financial study found that while 75% of employers believe their benefit offerings support retirement savings, only 35% say those same benefits help alleviate immediate financial pressures. Among employees surveyed for the study, 45% said saving for retirement was their top challenge. “Employees want benefits that go beyond traditional coverage and more completely address how they live and work,” said Michael Estep, president of Prudential Group Insurance. “The workplace is at a tipping point, and there’s so much at stake for employers.”

Read the full article on planadviser