Employees would rather have Better Benefits than Higher Salaries

Contrary to our own personal observations, a recent survey shows that over half of workers between ages 25 and 33 would take jobs with lower salaries but excellent retirement benefits rather than positions with higher salaries and poor retirement benefits. As to those between 34 and 52, 64% feel the same way. (There may be an explanation as to why the younger group responded as it did: almost one-third said their main motivation for participating in a company retirement plan was the ability to borrow against it!) Pensions & Investments reported the survey of five hundred employees of small and midsized businesses.