Friday, October 09, 2009
What If Employees Are 'Too Poor to Retire?'
A new report prepared by CFO Research Services and Prudential shows that “although there has been some improvement in capital markets since the beginning of the year, many employees' near-term plans to retire are in jeopardy.”
Senior finance executives at large companies are concerned that if older employees can't afford to exit the workforce and thereby make room for younger workers, “workforce productivity and overall employee morale can suffer and companies can find it difficult to retain rising stars when paths to promotion are effectively closed.”
What If Employees Are 'Too Poor to Retire?'
Source: Retirement Income Journal
Senior finance executives at large companies are concerned that if older employees can't afford to exit the workforce and thereby make room for younger workers, “workforce productivity and overall employee morale can suffer and companies can find it difficult to retain rising stars when paths to promotion are effectively closed.”
What If Employees Are 'Too Poor to Retire?'
Source: Retirement Income Journal
Permalink posted by armandn @ 7:54 AM 
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