Attracting Millennials In Today's Workplace - Pentegra Retirement Services

Attracting Millennials In Today’s Workplace

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By Richard Rausser

Millennials see their career trajectory and retirement differently than previous generations. Today’s growing workforce doesn’t fit traditional patterns, and it is clear that this generation will view retirement benefits from a less traditional perspective as well. Your credit union’s total rewards package is the key competitive resource for employee retention and critical investment for your credit union versus a larger competitor. Retirement benefits are a significant component of that package–but with today’s workforce demographics shifting toward millennials comprising a great percentage of the workplace, credit unions must shift their focus.

Author

Richard Rausser

Richard W. Rausser has more than 30 years of experience in the retirement benefits industry. He is Senior Vice President of Thought Leadership at Pentegra, a leading provider of retirement plan and fiduciary outsourcing to organizations nationwide. Rich is responsible for helping to shape and define Pentegra’s viewpoint on workplace retirement plans, plan design strategy, retirement success and employee savings trends. His work is used by employers, employees, advisors, policymakers and the media to produce successful outcomes for American workers. In addition, Rich is responsible for Pentegra’s Defined Benefit line of business, which includes a team of Actuaries and other retirement plan professionals as well as Pentegra’s BOLI line of business. He is a frequent speaker on retirement benefit topics; a Certified Pension Consultant (CPC); a Qualified Pension Administrator (QPA); a Qualified 401(k) Administrator (QKA); and a member of the American Society of Pension Professionals and Actuaries (ASPPA). He holds an M.B.A. in Finance from Fairleigh Dickinson University and a B.A. in Economics and Business Administration from Ursinus College.

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