AARP Hearing Center
The AARP 2016 Colorado Small Business Owner Work and Save Study was a telephone study among 451 small business owners or decision makers about employee benefits at companies with 4-100 additional employees within the state of Colorado.
Key findings include the following:
- 2 in 3 agree that the state should do more to encourage residents to save for retirement.
- 3 in 5 support a privately managed, ready-to-go state retirement savings plan.
- 3 in 4 agree that Colorado lawmakers should make it easier for small businesses to offer a way for employees to save for retirement.
- 2 in 3 agree that a retirement savings plan provides small businesses a competitive edge.
Interviews were conducted July 25-August 10, 2016. Respondents were offered a $5 check in appreciation for their participation. Sample, including owner names and companies, were from a Dun & Bradstreet business list. For more information contact Brittne Nelson at BNelson@aarp.org.
MORE FROM AARP
Does Saving for Emergencies Improve Productivity at Work?
This report uses data of the Understanding America Study (UAS), which explores the relationship between emergency savings–related behavior and workplace outcomes, to examine how financial insecurity may be reduced and workplace outcomes may be improved by helping workers to save for unexpected expenses.