As I have worked with employers over the years, I have seen employers either view their employees as a cost or an asset. Guess what? Employees are measuring their employers as an asset or a cost to them as well! With low unemployment rates, it is more important now than ever for a business to be an asset to their employees. Asset employers experience lower turnover, higher productivity and employee loyalty.
One way to ensure you are an asset to your employees is to utilize your 401K plan. Use your financial rep to brag to your employees about what a great service you are providing employees. Make sure your financial rep is taking the time to meet with your employees to help manage their finances and meet their goals. This will also give your employees less financial stress and increase participation in your 401K plan.
If you are interested in seeing how Modern Woodmen can help employees realize what an asset they have as an employer, give me a call!