Do Young Employees Want a Retirement Plan?
If you think a retirement plan doesn't matter to recent college graduates, think again.
When Philadelphia research and consulting firm Universum Communications surveyed more than 29,000 recent graduates, they found these graduates were pretty clear about what they wanted in a compensation package. In fact, the grads were more concerned about receiving good health insurance and retirement plans than vacations, bonuses and stock options. They're even wondering about insurance coverage for their dependents, though few in this age group have kids yet.
This year's graduates are much more realistic and pragmatic than their older siblings, who rode the dotcom wave. They've also been influenced by their baby boomer parents, who are panicking about retirement and don't want to see their kids fail to plan ahead, says Steve Rothberg, president of CollegeRecruiter.com, a Minneapolis-based career site for college students and graduates.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
When Her Parents' Restaurant Burned Down, This First-Generation Founder's Hot Sauce Brand Rose From the Ashes to Take on Corporate Giants
-
Not Hitting Your Goals? Here's How to Know If You Should Change Tactics or Strategy.
-
You Can Generate Your Own Viral LinkedIn Post With This Hilarious Tool
-
This Couple Lost Everything When the Housing Market Crashed. But Manifesting 'Magic' Helped Them Launch a Metaphysical Brand With 10 Stores.
-
The Best Software Solutions and Tech Providers in the Franchising Industry
-
This 18-Year-Old Student Wanted a Better Way to Keep Track of His School Work. So He Built an App — and a Business.