Attract and Retain Top Employees

A LAPP pension helps employers attract top talent by offering financial security and competitive benefits, keeps employees engaged, and aids in retention by fostering long-term commitment and loyalty. LAPP provides a comprehensive pension plan that not only secures your employees' future but also offers significant advantages to your organization.

Attraction

Offering a LAPP pension plan is a powerful tool for attracting top talent. In Alberta’s competitive job market, potential employees are looking for more than just a salary; they want security and benefits that will support them over the long term.

By providing a LAPP pension, you demonstrate your commitment to your employees' future, helping attract passionate, talented, and engaged talent to your organization.

62%

of employees seriously consider the availability of a retirement plan when deciding whether to accept or remain in a job.*

PwC's 2023 Employee Financial Wellness Survey

Retention

Retaining skilled employees is essential for maintaining a productive and stable workforce. LAPP helps in retaining employees by offering them a sense of security and stability.

86% of employees in a group retirement plan said it increased their likelihood of staying with their employer, and 82% said it boosted their loyalty to the organization (link to study)*.
Employees who feel secure about their retirement are more likely to stay with their employer, significantly reducing recruitment and training costs and preserving institutional knowledge.

Employee Engagement and Productivity

Engaged employees are more productive, motivated, and committed to their work. A LAPP pension contributes to employee engagement by providing peace of mind about their financial future.

Offering workplace retirement savings can help employees feel more secure monetarily, reducing financial stress. This further reduces rates of absenteeism and presenteeism (physically present at work but not fully functioning), improves productivity and strengthens company performance.(link to study)*
By offering a LAPP pension, you foster a positive work environment where employees feel valued and supported.

By investing in your employees' future, you invest in your organization's success. Join the many employers who have already seen the benefits of offering a LAPP pension and take the first step towards a brighter future for your employees and your organization.

LAPP is more than just a retirement benefit;
it's a strategic tool for attracting, retaining, and engaging your workforce

Become a LAPP Employer

Let’s Connect

Interested in bringing the value of LAPP to your organization? Check out our quick fact sheet Become a LAPP Employer. We’d love to start the conversation. Reach out to us at employers@lapp.ca to explore how joining LAPP can support your employees and your business.

When you're ready, we'll guide you through the application process together.