months for the employees who would rather sit down and gather information in

Months for the employees who would rather sit down

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months for the employees who would rather sit down and gather information in person, or even for those who are wishing to change their benefits. A call center should be open Monday through Friday during regular business hours to answer questions, or to help employees sign up for benefits (Terry 2012) Resistance to Participation Although individuals dream of retirement, they frequently resist in the participation of a retirement plan. Resistance often happens because the person believes that they cannot afford to invest in a retirement plan, either because they do not make enough money, or because others needs take priority. The best strategy for a company to avoid resistance is to create an education plan and successfully communicate it to all participants. Education meetings can drive home the
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RETIREMENT PLAN PROPOSAL 3 need for employees to know their goals, also offer onsite tools and calculators that facilitate employee self-assessment. (Miller, 2014) Attraction and Enrollment Retirement plans are only beneficial to an organizations team member’s if they participate. To be successful, the process of enrollment should be convenient and appealing. If automatic enrollment is not available and the sign up requires a paper form, a postage paid return envelope should be included. If the enrollment is done electronically, log in information and instructions should be given well in advance of any deadline. HR representatives should also be available by phone and online to address concerns and answer questions. One characteristic that
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  • Summer '17
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