October 5, 2018 — The Common Good Retirement Initiative today released the results of their national survey of employers, employees, contractors, and freelancers in the not-for-profit and charitable sector. On behalf of Common Good, Pollara Strategic Insights designed, executed, and analysed the results of the study, which was conducted from May to September 2018.
The survey was designed to identify employer and employee needs, challenges, attitudes, and preferences regarding retirement savings and planning – and, ultimately, to provide guidance to Common Good as they strive to build the best possible retirement plan for the sector. In total, 441 employers and 504 employees (including contract and freelance employees) from the sector participated in the survey.
Among the key findings:
- Six-in-ten non-profit or charitable sector employees say their employer offers no retirement benefits.
- More than eight-in-ten sector employees feel that offering a workplace retirement plan should be a priority for employers.
- Plan portability as well as applicability to all types of workers (including freelancers) were among the most valued and preferred features for a sector retirement plan.
To learn more, download the report from the Common Good website.
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