Pensions being put on the long finger by dedicated workers
A large number of workers never miss a day in work, but are unlikely to be saving enough for their retirement.
The average contribution to a pension is just 10pc of salary, when workers need to be saving more, according to the Irish Life-commissioned research.
The inadequate pension saving is in contrast to the commitment to work. The survey found that more than a third of workers have never missed a day's work.
Director of Irish Life corporate business Damian Fadden said this showed that employees were dedicated to their work, but not fully committed to securing their financial future.
He said workers need to put 15pc of their earnings into their pension.
"We know from our own figures that only half of people working in the private sector are in a pension plan and that the average contribution to defined contribution workplace pensions is just 10pc.
"However, with people generally starting to save for their pension in their mid-30s, they would actually need to save at least 15pc of their salary to secure a better retirement outcome," explained Mr Fadden.
He said people need to start contributing more to their pensions and at an earlier age in order to achieve a better outcome in retirement. Just 29pc of people know what they need to live on in retirement.
The research also shows that achieving a work-life balance is still proving difficult for employees.
A fifth also admitted they felt it was important to arrive in work before their boss and to leave after them at night.
The latest research on pensions comes as a leading academic concluded that it was inevitable that people would have to work longer, rather than retiring in their mid-60s, a conference on the sustainability of the state pension was told.
But it should be a choice, according to the head of the ESRI, Alan Barrett.
He said that studies showed that spending on public pensions will rise as the population ages.