The Superannuation Scheme take care of retirement benefit in terms of pension to the employees after their retirement. A superannuation is a pension given at the time of retirement comprising contributions from your employer.
One of the important aspects of employee retention could be to maximize employee retirement savings. Employee may not plan for their retirement and such plan will benefit them by having discipline to systematically save for their future.
Superannuation refers to the regular income, commonly known as Pension paid to an employee after retirement from service till death. It is a pension program declared by an employer or organisation for the benefit of its employees.
