Page 153 - Perfect Phrases for Motivating and Rewarding

■ A 401(k) plan has tax advantages for both the employer and
the employee. When considering a 401(k), evaluate cost,
investment of time, setup effort, and investment options.
■ If your 401(k) allows employees to select investment options,
educate them about the risks and opportunities of investing.
Keep them informed about how their investments are doing.
■ If your company is publicly traded, stock options are an
inexpensive way to offer a big payoff, create an employee-
ownership culture, and encourage buy-in in the company’s
success.
■ Profit sharing plans give employees a sense of ownership,
which adds greatly to incentive and to feeling like part of the
larger picture.
■ Educate employees on the market. Provide hard-copy
materials and Internet links.
■ Educate employees about retirement planning.

Motivational Phrases

■ “Those of you who are under forty may think it’s too early to
plan for retirement. The earlier you plan, the more financially
comfortable and personally rewarding your retirement will
be.”
■ “Our Succession Planning program not only brings new talent
up the ranks but ensures that those who have contributed
consistently to the organization leave well compensated.”
■ “For a small company, we offer a variety of options for
retirement savings.”
■ “Every new employee orientation includes a segment on
retirement planning options. We encourage everyone to check
the calendar and register for that component.”
■ “Because many people keep looking for a ‘better way,’ we
regularly bring in speakers for a variety of investment areas—
stocks, bonds, real estate investments—for our lunchtime
learning series.”

140