Let Fragasso help by providing the missing piece of your fringe benefit offerings – the empowerment of your company’s managers and employees to take charge of their unique life goals, personal and retirement plan assets, risk management and estate planning so they can focus on the goals of your company.
Companies spend a considerable amount of money on fringe benefit components, yet employees often take their employer’s fringe benefit package for granted and do not dedicate the time to maximizing its value. Studies have shown that employees anticipate a harder time achieving retirement preparedness than their parents. They feel overwhelmed by retirement plan investment choices and suffer from inertia because they don’t know what to do.1
Ensure your employees know that they are valued to the fullest extent.
The Allegheny Conference on Community Development’s research paper entitled, Inflection Point 2017-18, projects a potential worker shortage of 80,000 in the next several years resulting from job demand growth, retirements and migration.2 Your company will compete with all other companies, especially within your industry, to attract and retain talented employees. How will your business address these issues?
1 12016 PGIM Investments study (https://www.pgim.com/pgiminvestments/retirement/perspectives/retirement-preparedness-study)
2 Inflection Point 2017-18 Supply, Demand and the Future of Work in the Pittsburgh Region https://www.alleghenyconference.org/wp-content/uploads/2017/12/018_InflectionPoint.pdf