HIT Consultant September 22, 2023
While the Great Resignation may be ending, the Great Retention is in full swing. During the pandemic, Americans got comfortable with the flexibility workplaces provided – not just in terms of working remotely, but in flexible and convenient benefits as well. While employees are quitting less than the historic high recorded in 2022, employees are demanding better benefits from their employers. In fact, 78% of employees said they’d stay with their employer based on the benefits they offer.
Losing an employee costs at least six to nine months of an employee’s salary to find and train their replacement. So it’s time companies got with the program in providing benefits that go beyond the bare minimum, particularly in health benefits.
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