Business owners continue to cite labor shortages as a top challenge across all industries. Talent acquisition and retention continue to weigh heavily on business owners. More than 50% of CFOs saw it as their most difficult task for 2023, according to a Gartner survey.
Below are retirement plan strategies that can help give you an edge in retaining and recruiting employees.
Use a benchmark
It is important to understand how your 401(k) plan compares to the competition. Benchmarking your plan against…