Towers Watson

Workers Say Employers Getting Stingy on Pay, Benefits

Posted on 03/26/2014 by |Money and Work | Comments

Bulletin Today | WorkIf the economy’s improving, why do workers say that their employers are getting stingier with pay or benefits, possibly compromising their financial security now and in retirement? In a survey of 5,070 U.S. workers, 76 percent said their company made one change or another in the last two years that weakened their retirement benefits, reduced pay raises, increased out-of-pocket health care costs or premiums, cut back on hours, laid off workers or involved a major restructuring. The survey, conducted by …

Survey Finds Employers Worried About Workers’ Retirement Savings

Posted on 10/9/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsWhen we think about retiring in the not-too-distant future, many of us get nervous, wondering whether we’ll have enough saved to maintain our lifestyle throughout the years. It turns out that our employers are worried about us, too. A new survey by consulting firm Towers Watson finds that most employers don’t believe  their workers make informed decisions about their retirement savings. They say their 401(k) plans are ‘”misunderstood and underutilized” by employees. Employees are not awash in confidence, either. In a 2011 …

The Takeaway: Workers Would Trade Pay for Better Retirement Benefits

Posted on 02/28/2012 by |Brooklyn, NY | Comments

Bulletin TodayWould you trade some of your pay for better retirement and health care benefits? A new survey from HR-consulting firm Towers Watson found more than half of U.S. workers would.