How does an employer's presentation of retirement savings options affect employees' decisions to save?

A. By automatically enrolling employees to tap into their default bias
B. By assigning employees to different saving courses in the retirement plan
C. By offering various saving courses in the retirement plan
D. By making the plan more complex to get employees more involved

Question

17-07-2024
Business

Answered

How does an employer's presentation of retirement savings options affect employees' decisions to save?

A. By automatically enrolling employees to tap into their default bias
B. By assigning employees to different saving courses in the retirement plan
C. By offering various saving courses in the retirement plan
D. By making the plan more complex to get employees more involved

Answer :

Other Questions

seven tenths is_________pieces of the whole

in the sentence the frozen drops of water fell from the sky covering everything like a white blanket non fiction or fiction

In a first aid kit the ratio of large bandages to small is 3 to 2 based on this ratio how many large bandages are in the kit if there are a total of 80 bandages

In what form is the energy that is absorbed by plants' leaves?

Are all equilateral triangle acute triangles?

What is an exponential number?

an engineer is designing a parabolic arch. the arch must be 15 m high, and 6 m wide at the height of 8 m. Determine a quadratic function that satisfies these co

What is the formula for the area of a circle?

GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-17T09:55:13-04:00

Final answer:

The way an employer presents retirement savings options impacts employees' decisions; automatic enrollment and diverse savings courses positively influence savings behavior.

Explanation:

An employer's presentation of retirement savings options can significantly influence employees' decisions to save. By automatically enrolling employees to tap into their default bias, employers can encourage higher participation in retirement plans. Additionally, offering various saving courses in the retirement plan can provide employees with options tailored to their needs and preferences, motivating them to save more for retirement.

Learn more about Retirement Savings Options here:

https://brainly.com/question/31181804