Audio By Carbonatix
The Assets Manager of Gold Coast Securities, Kwaku Bamfo has advised employers to woo and retain quality job seekers by topping up employees’ contributions to the third tier pension contribution.
He said today’s job seekers are more concerned about their pensions, therefore he stressed the need for employers to strategically show commitment to “matching up” employees’ pension.
Mr Bamfo gave the advice at a day’s seminar for a group of workers from the Volta region on the new pension law with focus on the second and the third-tier pension schemes.
The seminar was at the instance of Gold Coast Security Limited (GCSL).
He said the commitment of employers to matching up employees’ contribution to the third tier pension would ensure employees loyalty and enhance morale for increased productivity.
Mr Bamfo also noted that the long gestation period for the second and third tier schemes would also give employers “more control” over employees and curb the high employee attrition rate facing many institutions.
He said the new pension law presented an exciting time for workers in the country and urged employers and employees to take advantage of it for a better pension.
“We are in very exciting times now. The third-tier scheme has some tax exemptions and this is good for both employers and employees,” Mr Bamfo said.
He assured workers of the ability of the Gold Coast Security Limited to manage their funds efficiently to guarantee “good returns” on their investments.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Gov’t invests GH¢443m in Free Primary Health Care – Dr Asare Bampoe
6 minutes -
ECG announces power outages in parts of Accra West and Central regions
24 minutes -
Otumfuo calls for urgent action to end maternal deaths in Ghana
27 minutes -
Prioritise Bawumia’s interest and vote on merit – NPP elder urges delegates
28 minutes -
Jason Arday death ‘tragedy on so many levels’ says PM
1 hour -
Rotary Club donates phototherapy machine to Ussher Hospital
2 hours -
Analysis: Jason Arday’s death will send shockwaves through a divided academia
2 hours -
CJ’s vacation warrants not limited to politically sensitive cases – Victoria Bright
3 hours -
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
3 hours -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
3 hours -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
3 hours -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
3 hours -
The rise and rise of Azigi
3 hours -
Is Angela List being targeted? Government must reconsider the Adamus revocation
3 hours -
Bezos-backed consortium buys a third of Liverpool
3 hours