A year into the “great resignation,” employers are still struggling to retain and recruit talent. With 46% of workers actively seeking new jobs in late 2021 and 4.5 million quitting in November alone, it’s clear that workers are prioritizing their needs over paychecks. To combat this, employers must adopt effective employee retention strategies that go beyond compensation, such as voluntary benefits, employee assistance programs (EAPs), and employee education. VOLUNTARY BENEFITS: A COST-EFFICIENT SOLUTION Voluntary benefits are becoming a cornerstone of many companies’ benefits strategies due to their cost efficiency and portability. These benefits allow employees to choose from a variety of options,…
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