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With unemployment rates at a record low in the United States, 2018 saw one of the most competitive hiring landscapes in decades. Jobs continue to be added to the landscape at a staggering pace, and more and more Americans are leaving their current job for greener pastures. In fact, employees are quitting their jobs at the fastest rate since 2001.
In a market that favors applicants, and with people feeling less tied to their jobs, companies have to compete harder than ever to attract and retain the best talent.
Meeting expectations of the modern employee
Companies have started offering more robust benefits packages, including perks like pet insurance, yoga days, and even unlimited paid time off, while common benefits like stock options, health insurance and 401(k)s have now become table stakes.
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