Abubakar Tafawa Balewa University The Defined Contribution Plans Discussion

Instructions:

250-word response utilize at least three peer reviewed journal articles for research to support contentions (and given credit with in-text citations and in the reference listing (in APA format 7th addition. I will still be analyzing for the quality of answers through evidence of critical thinking and answering all parts of all questions.

References with the articles attached:

Textbook(s)

Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th

Ed.). Pearson.

Smucker, D. K. (2019). Accounting for Defined-Contribution Nonqualified Deferred-Compensation Plans, and Related Topics. Journal of Financial Service Professionals, 73(6), 62–75.

Guerriero, E., & Hopkins, J. (2018). Defined-Benefit Plans Remain a Planning Opportunity. Journal of Financial Service Professionals, 72(4), 77–88.

Discussion Question below:

Are employees more likely to favor defined contribution plans over defined benefit plans? How about employers? Explain your answer.