BCG Blog - Sponsors

If your company, like most relies on outside contractors, your employees scratching their heads about why the contractor’s get better benefits. Here’s a few tips on how to talk to employees about benefits.

Boosting employee engagement can sometimes come from new leadership or management. But it can also come without such a massive shake up. Your management can change their tune without throwing the band off the stage.

20% of Americans are missing out on an employer match in their retirement accounts. Read on for why that might be and what plan sponsors can do.

Employees are more willing ever to consider jumping ship for other opportunities. How can a plan sponsor keep up with an increasingly mobile workforce?

Benefits and perks are a major consideration in weighing job offers. Nearly 80% of those surveyed would take additional benefits over an increase in salary. Read on for more on benefits that capture recruit’s attention

So how does a plan sponsor beat news of overnight success stories to encourage saving for retirement? By using the same behavior that they want an employee to engage in: start small by using examples that are easy to digest.

Just like you probably don’t need the fifth set of towels in the guest bathroom, employees may be holding onto investments or savings processes that are no longer needed. So how can plan sponsors help their employees spring clean their investment plan?

While most Plan Sponsors would think that creating tools that help employees see how their small indulgences add up, and usually add up to keeping them from saving, is helpful, there is a small contingent of voices arguing against that advice.

When it comes to money, children may learn more from by the actions we take than by the words we say. For parents working with a tight budget, whether in the short or long term, this can lead children to grow up with unwarranted concerns about money. How can plan sponsors help parents prevent that?

If the topic of retirement planning is slightly grim, how can a plan sponsor help employees learn to save, and learn to talk to each other about saving? Vacation planning might be a gateway into learning important aspects of saving for retirement.

Plan Sponsors can use the news about recent drops in life expectancy to help educate employees about the need for individualization in retirement planning.

Is it possible for plan sponsors to encourage retirement readiness in their employees by capturing some of the excitement about Marie Kondo? You bet! The Frugality and Minimalism trends can help employees overcome old beliefs about savings.

With access to financial information getting easier thanks to new and proposed regulations from the SEC, it may be worthwhile for employees to know where to look to find the best financial information about companies and funds.

Can Plan Sponsors use the news of government employees’ use of loans from retirement accounts as a backstop to unemployment to help employees understand their retirement options? Here are a few key points to borrowing from retirement accounts that employees may need information about.

The urge to get rid of student loans is constant and distracting, and probably a little sweaty. But employees look and listen before refinancing their student loans to make sure they end up with a better bargain.

Resilience has been a hot topic in parenting and work-life balance discussions lately and for good reason. Resilience helps employees face life stress without negative impact on productivity. Employees can be taught to build resilience and be more ready to face unexpected financial events without too heavy an impact on their retirement readiness.

Lately, it seems like most financial news seems to question conventional wisdom as often as they apply it. So, if it’s being questioned more often, is the wisdom even conventional anymore? Now more than ever, employees may need more individualized advice.

Childless couples may have different needs in retirement planning, the biggest of which may be not be treated like they won the lottery because they don’t, or can’t, have children.

Americans are, without a doubt, retiring later. Does that mean they now need less to money stashed away for retirement? Have Americans changed the tried and true standards for retirement readiness?

Burnout leads to terrible decisions. As they burn the candle at both ends, employees may be making financial decisions that are equivalent to lighting piles of money on fire. How can plan sponsors help?

With 1 in 3 Americans having less than $5000 in retirement, many will need to spend their later years catching up. What do employees need to know about IRS rules on setting aside extra savings in their fifties?

Want to find a new way to get ideas about retirement across to your employees? Try using examples from the movies to engage your employees on retirement readiness.

How can you help an employee bridge the gap from their current self who works hard and saves for retirement instead of eating out more often and their future, older retired self who gets to play with grandchildren? One method may be simply to communicate with the future self.

A new trend of working more than one job to cover rising health care costs or make up for stagnant wages has some employees nearing retirement asking how they should plan for retirement. Do they retire from everything?

It is the season to worry about a recession. Actually, many employees often worry constantly about recessions and the resulting uncertainty in their finances. Reducing worry in your employees, for whichever reason generates it, can help them continue to be productive.