If you are among the 73%* of private sector workers with access to an employer-sponsored retirement plan, let’s talk about how we can help ensure your workplace retirement account is working as hard as you are.

For business owners looking to build the ideal retirement plan for your employees, there can be a lot to consider. But when it comes to retirement plans and investment lineup development, one thing that should be a no-brainer is including a target date series.

Investment offerings have continued to increase, in addition to changing landscapes with environment, social and corporate guidance (ESG) and Department of Labor (DOL) scrutiny. With these changes, there are some key considerations you should take as a business owner building an optimal investment lineup for your employees.

Compensation is the most important benefit an executive can receive. It’s tempting to focus exclusively on compensation. “Money talks” after all, and executives will often depart your firm in search of a higher paycheck. But executives also expect a robust medical and retirement savings plan. If your firm is skimping on those benefit pillars, you won’t attract talent, and the talent you do have won’t stay very long.

In a strengthening job market, your best employees are in increasingly greater demand, and companies are offering more than just a higher salary to attract the cream of the crop. This makes it critical to take immediate steps to help ensure those employees you rely upon will be with your business for the long haul. Providing benefits in the following five areas can help boost the chances of attracting and retaining key employees.