Private companies and pension schemes

[greenie]

Majority of private organization do not have a pension plan for their employees and I think that's more reason they pay them higher than government employment sometimes. Even as a private organization it is always humane to have a sustainable and after service plans for your employees. This shows that you care about their life. You may enter into an agreement with them to be deducting certain amount from their salary monthly and keep for their retirement plan.

 

[tyrim88]

Sometimes I wonder is it possible for private owned companies to have a sort of pension scheme for their employees welfare after they retire from the job. We all know that government jobs have schemes like this, infact it is one of the perks of the government jobs. I think private companies that can't consider pension schemes should at least arrange some sort of benefits for their longest serving employees.

It is very important that private firms should have a pension scheme for their workers,but in most of the private organisation,the firm most times do not have a pension plan for their workers after retirement.

 

[frederick_9]

You are correct, sweetheart, that government workers benefit from pension plans but that private workers do not.
However, because they remove money from their salaries for this purpose, the majority of private sectors in my nation offer the option of a pension after retirement.

 

[tyrim88]

There are private companies that do a kind of pension scheme for their workers, especially for workers who want to sign up for it. A percentage is taken from their salaries and put in the scheme. On retirement, the pension can be paid all at once or on the terms of the worker.

I think every organization should actually have a pension plan for all of its workers, because it will serve as a form of security for it's employees,and also firms doing business with them will take them serious.