A company match made in heaven

A company match made in heaven: Taking advantage of employer perks.

We used to call it ‘shopping at the company store’. Going through the benefits handbook and finding out how to take advantage of all the various perks our employer offered. In today’s economy those perks might be few and far between, but many employers still offer a matching program to help augment your retirement savings.

I was thinking of this topic the other day after hearing the admission of a middle aged manager who realized after being laid off from his job that he had missed out on about $100,000 because he hadn’t taken advantage of the company match during his 20 years of service there. He hadn’t understood how he would benefit from the match and therefore didn’t tick the right box. Check your benefits handbook. Call the HR department. Find out if there is anything else you could be doing capitalize on benefits such as these.