woman touching checkbox by happy face When employees are involved in figuring out what the solution looks like and business leaders aren’t drafting plans in a bubble, the result will be a plan that satisfies everyone. (Photo: Shutterstock)

Despite a brightening economic horizon, there’s still big trouble brewing in corporate America. COVID-19-related layoffs are still fresh in employees’ memories, workers are still feeling burnt out by the pressure to perform under stressful circumstances that ran through 2020 and early 2021, and there’s a fresh demand for talent to fuel the hastening economic recovery.

Unsurprisingly, this level of burnout and decline in mental health coupled with a rebounding economy and fruitful job market has contributed to a dramatic increase in resignations—a record 4 million people quit their jobs in April 2021 alone, in an exodus that is being called “The Great Resignation.” Employees have options, and if they aren’t seeing their needs addressed by their current organization, they’re likely to look for opportunities elsewhere.

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?

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 © 2023 ALM Global, LLC. All Rights Reserved.