In an age where companies are constantly competing against one another to provide better benefits and a healthier work/life balance, it is important to understand that while stellar perks and rewards are important to employee retention and satisfaction, they aren't the only factors driving employee engagement and satisfaction.

For example, HR departments should aim to empower employees through customized, work/life applications that invest in their personalized career experience. By investing in employee's careers, HR departments will be able to cut operational costs and more effectively retain their talent.

The first place to start is by learning what is important to prospective and current employees. Now more than ever, employee entering the workforce have placed increased importance on working for companies whose values and beliefs align with their own.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.