More young employees are taking an interest in workplace benefits, but employers may not be realizing it, a study from MetLife finds.

More than half of surveyed employees (58 percent) say benefits are an important retention driver—highest among Gen Y (63 percent) and Gen X (62 percent) workers.

But while employers seem to understand how items like salary and wages, advancement opportunities and company culture influence employees' feelings of loyalty, they continue to underestimate the power of leveraging their benefits programs, according to MetLife's annual study of employee benefits trends, released today.

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