Survey findings show that Kansas small business owners and decision makers (those with 4-100 additional employees) agree that saving for retirement through work is important and the state should do more to encourage residents to save for retirement. Two-thirds support a privately managed, ready-to-go state retirement savings plan that would help Kansas small businesses offer employees a way to save for retirement.
Key findings include:
- Seven in ten agree that offering a retirement plan helps attract and retain quality employees and stay competitive.
- Two in three small business owners support a privately managed state retirement plan.
- Three in four agree that offering a retirement plan helps businesses stay competitive.
The AARP 2016 Kansas 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 Kansas. Interviews were conducted April 25-May 12, 2016. Respondents were offered a $5 check in appreciation for their participation. Sample, including owner names and companies, came from a Dun & Bradstreet business list.
Nelson, Brittne. The Right Thing to Do: 2016 Kansas Small Business Owner Survey. Washington, DC: AARP Research, May 2016. https://doi.org/10.26419/res.00209.001