New research from Gusto indicates that the share of small businesses offering a retirement plan has steadily increased over the last seven years, particularly in sectors with high numbers of hourly workers. Approximately 31% of small businesses now provide a 401(k) plan, challenging the belief that only full-time, salaried workers are interested in participating.
Getty ImagesIf HR leaders are holding onto any notion that only full-time, salaried workers are interested in contributing to a 401(k) plan, it’s safe to say they can retire that bel
ief.New research from payroll and benefits platform Gusto finds that the share of small businesses offering a retirement plan has grown steadily over the last seven years, with a notable pickup among those in sectors with high shares of hourly work
ers.Some 31% of small businesses
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