X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Wooden figure replacing another more employers are considering offering enhanced benefits to top talent, particularly at larger firms where turnover has been higher. (Photo: Shutterstock)

Businesses are struggling with employee turnover, as 97% of companies that experienced an increase in turnover over the past 12 months said the pandemic had at least some effect on those losses, according to a report by Principal. Almost half of respondents said the pandemic had a major impact on their turnover, with larger companies — those that employ 50 or more people — reporting the biggest losses.

Related: Sticky benefits: How voluntary options can double employee tenure

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

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com 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

Already have an account?

Danielle Andrus

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.